Despite little change to AMR Corp.’s third-quarter labor costs from the same period in 2011, the latest quarter’s improved financial performance suggests that once new contracts with two of the airline’s three main unions come into force, the company’s operating margin will continue to grow. AMR’s total wages, salaries and benefits expenses grew by 0.4% year-over-year. The company recently concluded new contracts with the Association of Professional Flight Attendants (APFA) and the ...

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