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Amr knocks its losses down

Rome, Italy – Cuts and funds avoid the last year deficit

Amr, at whose head is American Airlines, the world major air transport society, managed in the second quarter to reduce its losses. Job, salary and flight cuts helped to improve deficit account of the last year ( USD 495m of loss – 3.19 dollars pro share –, while during the current quarter it is USD 75m - 47 cents pro share). The US Government has also contributed by paying up USD 358m in order to...

AVIONEWS - World Aeronautical Press Agency - 47989
Rome, Italy, 07/17/2003 15:25
AVIONEWS - World Aeronautical Press Agency

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