TWA Loses $111 Million In 1997, But Posts Fourth Quarter Gain
TWA reported a net loss of $110.8 million during 1997, including a loss of $31.2 million in the fourth quarter. The airline posted large fourth quarter gains, however, showing an operating profit of $0.5 million, an improvement of $232.9 million over the year-ago fourth quarter loss of $232.4...
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