WorldCorp, Inc
Article Abstract:
WorldCorporation inc has leased four more aircraft and converted to an all DC 10-30 fleet to meet the peak summer demand for commercial passenger service. It is hoped that the enhanced flying levels will raise operating profits for the Jun and Sep qtrs compared to the same periods in 1991. The company's largest customer is still the US Military Airlift Command which accounted for close to half of its consolidated revenues. Malaysian pilgrims during the Hadj in Mecca also generate 15% of annual revenues under a contract with Malaysian Air which expires in 1996.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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Arkla, Inc
Article Abstract:
A weak 1991 performance has caused two rating agencies to Arkla Inc.'s credit on watch with negative implications. The Duff and Phelps Credit Rating Co's and Fitch Investors Service Inc's report showed a 70% drop in Arkla's revenues. The rating firms further expect a 50% cut in Arkla Inc's dividend in 1992.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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