Coverage of the merger between American Airlines and US Airways

CEO: AMR Poised to Post First 2Q Profit Since 2007

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    Keaton Fox, NBC 5 News
    Tom Horton, CEO, American Airlines.

    The CEO of American Airlines parent AMR Corp. has said the company expects to report a second-quarter profit for the first time since 2007.

    Fort Worth-based AMR on Thursday reports the financial results. CEO Tom Horton has sounded increasingly bullish about the second quarter.

    It could be AMR's last full quarterly report before it completes a merger with US Airways and changes its name to American Airlines Group Inc. The companies expect to close the merger -- which is still being reviewed by antitrust regulators in the Justice Department -- before the end of September.

    AMR has cut labor costs by nearly one-fifth through layoffs as it has restructured under bankruptcy protection since late 2011.

    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.