American's Profits Top $1.3 Billion For 1998, But Fourth Quarter Falters
Lower earnings and yields in the fourth quarter did not stop American parent AMR Corp. from posting record 1998 profits of $1.3 billion. The results, announced yesterday, were $329 million or 33.4% better than 1997. Annual revenue increased 5.6% to $19.2 billion. But the fourth quarter did not fare...
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