Independence Air parent FLYi reported an $86 million net loss for the fourth quarter ended Dec. 31, which included costs related to the sale of four CRJs, the writeoff of goodwill remaining from the original formation of the company and costs related to a recently completed financial restructuring (ATWOnline, Feb. 23). This compares to a net profit of $13.7 million in the prior-year period, during which the carrier operated as a codeshare partner with United Airlines and Delta Air Lines. ...
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