World Airways Posts Losses In 1999, Sees More Red Ink In 2000
World Airways' string of losses grew longer in the fourth quarter as the carrier reported a net loss of $2.9 million, 15.1% larger than last year's deficit, leading the carrier to predict further losses this year. For full-year 1999, the carrier posted a $7.6 million loss, a 30.9% improvement over...
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