American Airlines parent AMR posts 2Q loss
AP - 2 hours 42 minutes agoAmerican Airlines parent AMR Corp. lost more money in the second quarter as fewer people got on its planes and those who did paid lower fares than a year ago.
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American Airlines parent AMR Corp. lost more money in the second quarter as fewer people got on its planes and those who did paid lower fares than a year ago.
A drop in travel during the recession pushed American Airlines parent AMR Corp. to a $390 million loss in the second quarter.
AP An American Airlines jet sits at a gate at Los Angeles International Airport.Lower demand, fare sales, higher fuel costs and swine flu hurt the Fort Worth-based carrier's results.
AMR Corp., parent company of American Airlines Inc., the top carrier at Lambert-St. Louis International Airport, lost $390 million in the second quarter, compared to a loss of $1.5 billion a year ago. (AMR)
DALLAS - A drop in travel during the recession pushed American Airlines parent AMR Corp. to a $390 million loss in the second quarter. AMR said Wednesday that excluding charges related to the sale and grounding of planes, it would have lost $319 million, or $1.14 per share.
AMR, the parent company of American Airlines, said the carrier lost nearly 400 million dollars in the 2nd quarter. KERA's Bill Zeeble reports that's still better than a year ago.
CHARLESTON, W.Va.- Southwest Airlines is inspecting nearly 200 of its aircraft overnight after a hole the fuselage of a plane forced an emergency landing in West Virginia. Charleston, W.Va., airport spokesman Brian Belcher says passengers on the 737 aircraft could see the outside through the 1-foot-by-1-foot hole in the rear of the plane. The cabin lost pressure, but no one was injured.
Fewer people flew and those who did paid lower fares than a year ago.
Washington - AMR Corp, whose American Airlines is the world's second-largest carrier, Wednesday said its second-quarter losses of 319 million dollars were kept down by new income from a checked-bag fee and falling fuel prices. Sales slid 21 per cent ...
A Southwest Airlines plane in mid-flight was forced to make an emergency landing in West Virginia after a hole burst through the roof. Nancy Cordes reports.
Investigators still don't know why a hole formed in a plane Monday.
A passenger used his cell phone to film inside the cabin of the Southwest Airlines flight that made an emergency landing in West Virginia. The cause was a football-sized hole in its fuselage.
The action follows safety improvements and should allow Garuda, the state carrier, to expand its operations.
A Southwest Airlines 737 aircraft made an emergency landing in West Virginia after the passenger cabin became depressurized after a hole appeared in the fuselage.
DALLAS — Southwest Airlines inspected nearly 200 planes and put them back in the sky today after a foot-long hole opened in the cabin of an identical jet, forcing the aircraft to make an emergency landing in West Virginia.
Drop in travel leads to a $390 million loss.