Great Lakes reports losses
Great Lakes Airlines, the sole commercial carrier servicing Cortez, soars across blue skies in the red.
Servicing 30 airports across nine states, the Cheyenne-based regional airline reported a total net loss of more than $4.2 million at the close of the first quarter this year, according to a U.S. Securities and Exchange Commission report. Company filings with the SEC also reveal that Great Lakes was in breach of a $24 million loan at the end of March.
Read the complete story at The Cortez Journal.