MickeySlapnutz
I just wanna be loved....
- Joined
- Feb 11, 2005
- Posts
- 116
FLYi quarterly loss widens; rev down 24%
[font=verdana,arial,helvetica]2:10:33 PM ET 8/9/2005 [/font]
[font=verdana,arial,helvetica]SAN FRANCISCO (MarketWatch) -- FLYi Inc. [/font][font=verdana,arial,helvetica](FLYI)[/font][font=verdana,arial,helvetica] on Tuesday reported a second-quarter net loss of $98.5 million, or $2.01 a share, compared with a loss of $27.1 million, or 60 cents a share, a year ago. Its pro forma loss was $1.13 a share. Revenue was $117.5 million, down 24% from $154.4 million a year ago. Traffic for the period rose 37.5% to 898.6 million revenue passenger miles. The air carrier's load factor fell 2.3 percentage points to 72.6%. Capacity rose 42% to 1.24 billion available seat miles[/font]
Ouch!


[font=verdana,arial,helvetica]SAN FRANCISCO (MarketWatch) -- FLYi Inc. [/font][font=verdana,arial,helvetica](FLYI)[/font][font=verdana,arial,helvetica] on Tuesday reported a second-quarter net loss of $98.5 million, or $2.01 a share, compared with a loss of $27.1 million, or 60 cents a share, a year ago. Its pro forma loss was $1.13 a share. Revenue was $117.5 million, down 24% from $154.4 million a year ago. Traffic for the period rose 37.5% to 898.6 million revenue passenger miles. The air carrier's load factor fell 2.3 percentage points to 72.6%. Capacity rose 42% to 1.24 billion available seat miles[/font]
Ouch!