American Airlines parent posts smaller quarterly loss
April 18 (Reuters) - American Airlines parent AMR Corp , which plans to merge with US Airways Group Inc this year, reported a smaller first-quarter loss on Thursday, aided by cost-cutting from its Chapter 11 restructuring.
The carrier had a net loss of $341 million, or $1.02 a share, compared with a loss of $1.7 billion, or $4.95 a share, a year earlier. Excluding reorganization and special items, the carrier said it had a profit of $8 million.
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