American Airlines posts $289 million 3Q net profit as costs continue to drop
Credit: Rob Finlayson
American Airlines parent AMR Corp. earned net income of $289 million in the third quarter, reversing a $238 million net loss in the prior-year period, on a 6.2% year-over-year increase in revenue to $6.83 billion. AMR, operating in Chapter 11 bankruptcy protection since November 2011, continues to...
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