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AMR WARNS OF HIGHER LOSS IN THE THIRD QUARTER OF THE YEAR

USA, AMR, the parent company of American Airlines, warned that it was likely to suffer a "considerably larger" loss in the third quarter of the year than in the second quarter. The company blamed the slowdown of worl economy, the increase of fuel cost and the rise of operating costs for the larger loss. AMR plans to retire five Boeing 727 aircraft in the first quarter of next year due to the we...

AVIONEWS - World Aeronautical Press Agency - 17215

AVIONEWS - World Aeronautical Press Agency
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