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American Airlines parent AMR posts quarterly profit
July 18, 2013 / 12:17 PM / 4 years ago

American Airlines parent AMR posts quarterly profit

July 18 (Reuters) - American Airlines parent AMR Corp , which plans to merge with US Airways Group Inc and form the world’s biggest carrier later this year, reported a second-quarter profit, buoyed by cost-cutting under its Chapter 11 restructuring.

The carrier said its net profit for the quarter was $220 million, a $461 million improvement over a year earlier.

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