MarylandONE
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FLYi quarterly loss widens; rev down 24%
Tuesday August 9, 2:10 pm ET
By Carla Mozee
SAN FRANCISCO (MarketWatch) -- FLYi Inc. 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.
Tuesday August 9, 2:10 pm ET
By Carla Mozee
SAN FRANCISCO (MarketWatch) -- FLYi Inc. 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.