As a result, its parent company, the Texas Air Corporation, lost $362.8 million in the fourth quarter, after a $224.4 million loss a year earlier.
The two airlines were recently purchased by the Texas Air Corporation.
Eastern announced last week that it was selling the shuttle to the Texas Air Corporation, its parent company.
Eastern has 32,000 workers, down from 42,000 two years ago when the Texas Air Corporation bought the airline.
The Texas Air Corporation reported a net loss of $114.1 million during its third quarter, which is ordinarily a strong period.
Eastern is a subsidiary of the Texas Air Corporation, which has not filed for bankruptcy.
Eastern, a unit of the Texas Air Corporation, announced fares up to 45 percent below industry levels earlier this week.
The move is another attempt to end the fare war that was begun nearly three weeks ago by the Texas Air Corporation.
Other clients have included Time magazine and the Texas Air Corporation.
Both carriers are units of the Texas Air Corporation, the nation's largest airline company.
As a result, its parent company, the Texas Air Corporation, lost $362.8 million in the fourth quarter, after a $224.4 million loss a year earlier.
The two airlines were recently purchased by the Texas Air Corporation.
Eastern announced last week that it was selling the shuttle to the Texas Air Corporation, its parent company.
Eastern has 32,000 workers, down from 42,000 two years ago when the Texas Air Corporation bought the airline.
The Texas Air Corporation reported a net loss of $114.1 million during its third quarter, which is ordinarily a strong period.
Eastern is a subsidiary of the Texas Air Corporation, which has not filed for bankruptcy.
Eastern, a unit of the Texas Air Corporation, announced fares up to 45 percent below industry levels earlier this week.
The move is another attempt to end the fare war that was begun nearly three weeks ago by the Texas Air Corporation.
Other clients have included Time magazine and the Texas Air Corporation.
Both carriers are units of the Texas Air Corporation, the nation's largest airline company.