American yesterday reported a $344 million net loss for the fourth quarter, although the carrier says demand is continuing to steadily improve. The fourth-quarter result was almost unchanged from the $347 million loss in the same period in 2008. For the full year, American’s net loss was $1.5 billion, down significantly from the 2008 net loss of $2.1 billion. Overall, American has seen demand trends strengthen since hitting a low point in May and June. This is showing in both unit ...

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