World Sees 2006 Profit Drop Due To Cut In Military Flying

World Air Holdings this week reported a net loss of $2.3 million for 2006, compared to a profit of $31.6 million in 2005, partly due to a drop in military flying in the fourth quarter. Full-year revenue increased by 5% to $825.7 million as the addition of North American offset a 17% drop in revenue...

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