TWA Posts $436 Million Loss For '94, Reaches Deal With 11 Percent Noteholders
TWA reported a fourth quarter 1994 net loss of $245.2 million and a full- year loss of $435.8 million. The carrier had operating losses for the same periods of $216 million and $279.5 million, respectively. The losses were inflated by $175.1 million in non-recurring charges related to the value of...
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