American Airlines parent AMR Corp. informed the US Securities and Exchange Commission yesterday that it will record a noncash impairment charge of $1.1-$1.2 billion in the second quarter related to the capacity reductions announced in May (ATWOnline, May 22). The company said the carrying values of its MD-80s and ERJ-135s "are no longer recoverable" and that it will take the charge "to write these and certain related long-lived assets down to their estimated fair value." It also will take a ...

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