TWA Loses $54 Million In Improved Quarter

TWA yesterday posted a net loss before extraordinary items of $54.1 million in the first quarter, an improvement from the $70 million loss in the prior-year period. Revenue was flat at $765.4 million, while expenses declined 3.2% to $834.1 million, including a $26.5 million non-cash expense for...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.