Great Lakes Hurt By High Training Costs, Interest Expense
United Express carrier Great Lakes' third quarter profits dropped 29.8% to $3.4 million from its year-earlier net income of $4.9 million. The fall was due to better-than-usual profits last year due to a Northwest pilot strike. Revenue fell 1.1% to $30.1 million. In the nine-month period, however, it...
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