AMR Full-Year Loss Tops $3.5 Billion; Costs Need To Be Cut
American parent AMR Corp. yesterday posted a deep $529 million fourth-quarter loss and a staggering $3.5 billion in red ink for the full year, results CEO Don Carty bluntly declared "unsustainable." Noting American's cost structure is still "out of step" with the revenue environment facing U.S...
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