Coverage of the merger between American Airlines and US Airways

Bankruptcy Costs Push AMR to Net Loss in May

Without bankruptcy fees, airline posts a slender profit

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    Without the bankruptcy costs, AA posts a slender $2 million profit.

    The parent of American Airlines posted a net loss of $132 million in May but a slender profit of $2 million after excluding costs related to its bankruptcy case.

    May's net loss for AMR Corp. was slightly smaller than April's, and revenue rose 6 percent from the previous month.

    The Fort Worth-based company on Tuesday did not provide comparable figures for the same months last year.

    AMR disclosed the results in a filing with the U.S. bankruptcy court in New York. AMR, since filing for Chapter 11 protection last November, has reported net losses totaling $2.8 billion including bankruptcy costs.

    In May, AMR's revenue was $2.17 billion and operating expenses were $2.11 billion. Fuel was the biggest cost at $768 million.


    American Airlines Merger:
    Complete coverage of the merger between American Airlines and US Airways into the newly-formed Fort Worth-based company, American Airlines Group (AAL). Click here for more.