Trans World Airlines Inc.: The Mount Kisco,...
From Times Staff and Wire Reports
Trans World Airlines Inc.: The Mount Kisco, N.Y.-based airline reported a fourth-quarter loss of $183.25 million, compared to a loss of $181.25 million in the year-ago period. Revenue was down 2.4% to $1.02 billion. For the year, the company reported a net loss of $237.56 million, compared to a net loss of $298.55 million in 1989. Revenue for 1990 rose 2.2% to $4.61 billion. The carrier cited sharply higher fuel prices and reduced passenger demand.
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