PSA, approximately 80% owned by PSA Inc.,...

PSA, approximately 80% owned by PSA Inc., a holding company with interests in aircraft leasing and oil and gas activities, reported a sharp increase in net income for the third quarter of 1986 over the same period last year. Contributing to the increased profit was a decline in fuel costs, an investment tax credit and one new MD-80 aircraft. In addition, the end of a 1985 “fare war” aided earnings, the firm said.