AMR Posts Highest Quarterly Earnings In Company History


Wednesday, July 18th 2012, 9:49 pm
By: News On 6


It appears the times aren't as turbulent as they once were for American Airlines.

American's parent company, AMR, said Wednesday that it posted its highest quarterly revenue in company history.

AMR said, with the cost of bankruptcy for American excluded, it made about $95 million.

Of course, when you add in the bankruptcy costs, it lost about $241 million.

Still, that's a vast improvement compared to 2011's $286-million loss in the second quarter.

Click here to see the full report released by AMR.