Kitty Hawk Financial Picture Dire
Kitty Hawk, Inc.'s auditors have expressed concern about the cargo and charter operator's financial ability to continue flying. The carrier says losses due to unexpectedly high maintenance costs on its Lockheed L-1011 fleet and declining values of aging DC-8s, combined with high fuel costs and...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.