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Virgin Express increases losses in 2003 first quarter
Brussels, Belgium - Total revenues decreased 8%
Virgin Express posted a net loss of EUR 11,7 m in 2003 first quarter versus a net loss of EUR 6.7m in the year-ago period. Executive Chairman David Hoare said global concerns about war and terrorism, together with Sars emergency. Total revenues decreased 8% to EUR 41,7m and operating expenses increased 2% to EUR 51,4m for the quarter. (0035)
AVIONEWS - World Aeronautical Press Agency - 45930
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency