SIMMONS AIRLINES INC <SIMM> 2ND QTR LOSS Period end Jan 31 Shr loss 17 cts vs loss 26 cts Net loss 765,808 vs loss 1,216,501 Revs 15.8 mln vs 18.7 mln Six mths Shr nil vs profit 54 cts Net loss 12.5 mln vs profit 2,538,030 Revs 32.5 mln vs 42.6 mln Avg shrs 4,310,068 vs 4,712,315 NOTE: Prior yr results restated to reflect change in value of aircraft, resulting in increase of 232,000 or five cts shr for six mths