FLYi, parent of Independence Air, posted a preliminary net loss of $105 million in the first quarter ended March 31, a figure that exceeded its total revenues for the period and compared to net income of $3.6 million in the year-ago quarter. Results for the 2005 first quarter included one-time aircraft retirement and other reorganization charges of $18.1 million related to the company's restructuring, while the 2004 quarter had one-time pre-tax charges of $6.8 million associated with the ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.