Despite weather-related delays and cancellations and higher-than-expected fuel prices, American Airlines parent AMR Corp. posted net income of $317 million in the second quarter, up 8.9% over a $291 million profit in the year-ago period and its fifth consecutive quarter in the black following years of steep losses. Chairman and CEO Gerard Arpey said the carrier has "come a long way" to return to profitability and is "pleased" with the result. "But I think it's important to realize that ...

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