American Airlines parent AMR Corp. reported a net loss of $340 million for the fourth quarter of 2008, propelling it into a full-year loss of $2.07 billion, its largest annual deficit since 2002 and a significant reversal from net income of $504 million in 2007. Fourth-quarter results included a $23 million charge for aircraft groundings, facility writeoffs and severance related to previously announced capacity cuts and a noncash pension charge of $103 million "driven by a large number of ...

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