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American Airlines posts $105 million net loss in April
American Airlines parent company, AMR Corp. reported a net loss of $105 million for April. The company’s top executives said it is a favorable sign for the future. The figures are an improvement over last April’s $142 million loss. The numbers were part of AMR’s monthly report to the U.S. Bankruptcy Court.
American Airlines is in the process of merging with Tempe-based U.S. Airways.