American Airlines (AA) parent AMR Corp. did little to mitigate concerns about its financial health when it reported a third-quarter net loss of $162 million Wednesday.
American Airlines 777-200. By Rob Finlayson American Airlines (AA) parent AMR Corp. did little to mitigate concerns about its financial health when it reported a third-quarter net loss of $162 million Wednesday. The result was reversed from net income of $143 million earned in the year-ago period and marked the company's fourth straight negative reporting period following the rare profit in last year's third quarter. Chairman and CEO Gerard Arpey noted that AA's ...
Subscribe to Access this Entire Article
"American's fiscal troubles continue; airline presses for new labor deals" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.
