The company said Thursday that its net income was $265 million, or 51 cents a share, plunging from $911 million, or $1.74 a share, in the same time period last year.
The airline suffered a share price plunge in January when a widening first-half loss disappointed investors.
Poor liquidity and a shortage of buyers led to a share-price plunge of 3.4% in Cairo.In this section CATASTROPHES FINANCIAL MARKETS ECONOMY Reprints.
The news sent the retailer's share plunging to a four-year low and wiped £1bn off its market capitalisation.
The share plunged 38% a day earlier.
Excite's xcit share plunged after the Internet portal missed earnings expectations by a penny.
Chrysler's market share plunged.
Market share plunged to 4.7 percent.
In four years IBM's market share plunged from 58% to 33%.
He thinks that investors, burned by companies whose shares plunge a la Lucent, will start to exit sexy stocks with excessive valuations -- and rediscover undervalued shares of companies with venerable, if boring, businesses.
