OTHER NEWS - June 17, 1993
- Share via
From Times Staff and Wire Reports
USAir Sees Loss for 2nd Quarter and Year: USAir Group Inc., which had hoped for a profit in the latest quarter, said it will lose money for the quarter and for the year because of continued weakness in the nations’s economy. Shares in the Arlington, Va.-based carrier plunged $1.75 to close at $17.125 in active trading on the New York Stock Exchange. The airline had based its projections on actual results for April and May and on its expectations for June.
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.