Pan Am Corp. reported a net loss...
- Share via
Pan Am Corp. reported a net loss of $5 million in the second quarter, while USAir Group Inc. boasted a 21% profit gain in the same period. The loss at New York-based Pan Am was blamed on a loss of $19.9 million at Pan American World Airways, contrasted with a profit of $10.5 million a year ago. Washington-based USAir Group, the ninth-largest U.S. carrier, posted second-quarter profit of $92.5 million, The company said all subsidiaries of USAir Group contributed to the record profitability of the quarter.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.