Kitty Hawk Reports Record Earnings

Kitty Hawk reported record earnings for the fourth quarter and the year ended Dec. 31. Quarterly net income jumped 125% to $11.5 million from $5.1 million, and revenues were up 13% to $236.7 million. For the year, net income rose to $16.6 million from a net loss of $960,000, while revenues increased...

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