American Airlines parent posts smaller loss

By @ibtimes on

American Airlines parent AMR Corp on Wednesday posted a narrowed quarterly net loss on a 10.3 percent revenue increase.

The company said its fourth-quarter loss was $97 million, or 29 cents per share, compared with a loss of $344 million, or $1.03 per share, a year ago.

(Reporting by Kyle Peterson, editing by Maureen Bavdek)

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