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Thursday, October 20, 2011

AMR Posts $162 Million Loss on Fuel as Cost Squeeze Persists

AMR Posts $162 Million Loss on Fuel as Cost Squeeze Persists Oct. 19 (Bloomberg) -- American Airlines parent AMR Corp., stung by bankruptcy speculation and the US industry's longest profit drought, reported a third-quarter loss of $162 million as jet-fuel prices soared. Costs to fly each seat a mile, ... AMR Posts $162 Million Loss on Fuel as Cost Squeeze Persists

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