Vanguard Posts $28.2 Million Loss In 1997
Vanguard Airlines lost $28.2 million in 1997, including $6.6 million in the fourth quarter. The annual results were worse than a year ago, when the Kansas City-based carrier lost $25.8 million. Quarterly revenues rose 36% to $18.9 million while expenses declined to $24.5 million from $26.4 million...
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