Hammered by high fuel prices, AMR Corp., parent of American Airlines, reported a $162 million net loss for the first quarter ended March 31, which included a tax credit of $69 million. Excluding the credit, the company would have posted a net loss of $230 million. This compares to a net loss of $166 million in the 2004 first quarter. "In many ways, the story for the first quarter is very similar to what we have seen the past several quarters," Chairman and CEO Gerard Arpey said. "The ...

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