PWA Posts Operating Profit, Net Loss For 1994

Canadian Airlines International parent PWA Corp. yesterday posted a 1994 net loss of C$37.8 million (US$27 million) and an operating profit of C$70.9 million (US$50.6 million). While the result is a substantial improvement over 1993's net loss of nearly C$292 million, PWA had projected a 1994 loss...

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