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AMR's value collapses
Washington, Usa - AMR depreciates its financial asset for USD 990m
The operation has been a forced move for AMR, the parent holding of several airlines, among which AA; in fact the new US rules in terms of financial structure impose a devaluation in the case that there's a "goodwill". The depreciation, consequence of Reno Air, Aci Holding and other activities takeovers, will affect the balance of the company starting since last January. (0012)
AVIONEWS - World Aeronautical Press Agency - 34490
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency