World Air Holdings reports 2006 net loss of $2.3 million

World Air Holdings, parent of World Airways and North American Airlines, reported a net loss of $2.3 million for 2006, down from net income of $31.6 million the prior year, on a 4.9% rise in revenue to $825.7 million. WAH blamed the result on a 17% reduction in US military revenue and a 21% increase...

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