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Monday, August 4, 2003

ACA Would Become First-Ever Regional To 'Cross Over'

With its decision to sever its code-share agreement with United Airlines [OTC BB: UALAQ.OB] and remake itself as a low-fare airline, Atlantic Coast Airlines [Nasdaq: ACAI] becomes the first regional carrier to attempt the risky maneuver. ACA's stock price plummeted on the news. Regional airlines have lost...

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