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American Airlines stock goes up

Forth Worth, USA - Analysts say profit is in sight next year

AMR Corp.'s shares went up after analysts' optimist predictions on higher third-quarter earnings and the possibility of seeing some profit should economy improve. The current positive situation is due to American's USD 4bn cost-cutting campaign. Thus, AMR's stock rose 172 percent during the past year. Following this course of action, American Airlines intends to recall 390 flight attendants starting...

AVIONEWS - World Aeronautical Press Agency - 53479

AVIONEWS - World Aeronautical Press Agency
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