American Airlines parent AMR Corp. posted a $45 million third-quarter net profit, a result skewed by the sale of American Beacon Advisors, which netted the company a $432 million gain in the quarter. The profit was down 74.3% from $175 million in the year-ago quarter. Absent the one-time gain from the sale of its asset management subsidiary to Lighthouse Holdings (ATWOnline, April 18) and excluding $27 million in special charges on capacity reduction-related severance and aircraft costs, AMR ...

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