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AMR Corp reports USD186m operating loss in Feb-2012

2-Apr-2012 1:20 PM

AMR Corp reported (30-Mar-2012) an operating loss of USD186 million and a net loss of USD619 million including USD375 million in reorganisation items in Feb-2012. Details include:

  • Total operating revenue: USD1807 million;
  • Total operating costs: USD1993 million;
    • Fuel: USD682 million;
    • Labour: USD584 million;
  • Operating profit (loss): (USD186 million);
  • Net profit (loss): (USD619 million);
  • Total assets: USD24,440 million;
  • Cash: USD405 million. [more – original PR]

The company stated it rejected 40 leases relating to 21 MD-80 aircraft, four Fokker 100 aircraft, seven Boeing 757-200 aircraft and eight spare engines and returned one A300-600 aircraft as of 29-Feb-2012.