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Article: Braniff announces net loss for fiscal year first quarter.

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PR Newswire
Article date:
June 14, 1989
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BRANIFF ANNOUNCES NET LOSS FOR FISCAL YEAR FIRST QUARTER

ORLANDO, Fla., June 14 /PRNewswire/ -- BRANIFF, Inc., (NYSE: BAIRD) today announced a net loss of $21.2 million on total revenues of $139.9 million for the three month period ended April 30, 1989. The Company reported a loss of $8.1 million on total revenues of $93.9 million for the same period last year.

Last year's operating results however only included the results of Florida Express for the period after the acquisition of Florida Express by Braniff on April 19, 1988. The operations of Florida Express are now merged with Braniff's operations. If the operating results of Florida Express for ...

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