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AMR Corporation reports break-even results; AMR posts third-quarter operating earnings of $165 million and net earnings of $1 million excluding special items, AMR reports operating earnings of $141 million and a modest net loss of $23 million; Airline ends quarter with $3.3 billion in total cash and short-term investments; AMRs four-point turnaround plan on track in drive for sustained profitability at acceptable levels.
0 Comments | M2 Presswire, October, 2003
M2 PRESSWIRE-22 October 2003-AMR CORPORATION: AMR Corporation reports break-even results; AMR posts third-quarter operating earnings of $165 million and net earnings of $1 million excluding special items, AMR reports operating earnings of $141 million and a modest net loss of $23 million; Airline ends quarter with $3.3 billion in total cash and short-term investments; AMRs four-point turnaround plan on track in drive for sustained profitability at acceptable levels(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:10222003 FORT WORTH, Texas: Continuing to build financial momentum, AMR Corporation, the parent company of American Airlines, Inc., today reported operating earnings of $165 million and net earnings of $1 million for the third quarter.
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