AMR Corporation Reports A Q1 2007 Profit Of $81 Million

fostro · Post by **fostro** » 27 Apr 2007, 22:32

AMR Corporation, the parent company of American Airlines, Inc., today reported a net profit of $81 million for the first quarter of 2007, or $0.30 per diluted share.

The current quarter results compare to a net loss of $92 million, or $0.49 per diluted share, in the first quarter of 2006.

This is really good news as this is the fourth consecutive quarterly profit for AMR.

The official Press Release can be read here

Things are going the good direction for AMR/AA...

Regards,

Fostro.

TexasGuy · Post by **TexasGuy** » 27 Apr 2007, 23:58

They are cutting cost where ever possible to get more revenue so they can go ahead and place the largest single order for B787's in history, 100+. I wouldnt be suprised if they did something like that

ryanCX · Post by **ryanCX** » 28 Apr 2007, 13:13

and soon after that, we're looking at massive orders to replace the 757s and the 767s as well.