American Earnings Fall; Weather, High Costs Take Toll
American parent AMR Corp. showed a net profit of $56 million before special items, down 35.6%, due to severe weather across its system and high fuel costs. Revenue swelled 8.3% to $4.9 billion, partially helped by high loads and rising yields. "We had a challenging fourth quarter," said CEO Don...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
