Despite $700 million in cost reductions achieved last year, AMR Corp. could not overcome the impact of record nominal fuel prices that cost it an additional $1.7 billion over what it spent in 2004, plus a handful of special items. The parent of American Airlines reported a net loss of $604 million in the fourth quarter and $861 million for the full year, compared to losses of $387 million and $761 million in the fourth quarter and full year of 2004 respectively. Excluding $180 million in ...

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