Virgin Express Loses Money In Fourth Quarter

Virgin Express posted a net loss of 53 million Belgian francs (US$1.4 million) for the fourth quarter of 1998, improving on the BEF 74 million loss in the year-earlier period. For 1998, the airline earned BEF 47 million ($1.3 million), far lower than the BEF 497 million in 1997. Revenue increased 15...

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