LOS ANGELES, March 29 (Reuters) - AMR Corp. (AMR.N: Quote, Profile, Research) , parent of the world's largest airline American Airlines, on Tuesday said its mainline unit revenue is expected to increase 3.5 percent to 4.5 percent in the first quarter of this year.
In a regulatory filing, the company also projected a first-quarter increase of 2.9 percent to 3.9 percent in consolidated unit revenue.
AMR said it expects to end the quarter with over $3 billion in cash and short-term investments, including $500 million in restricted cash.
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In a regulatory filing, the company also projected a first-quarter increase of 2.9 percent to 3.9 percent in consolidated unit revenue.
AMR said it expects to end the quarter with over $3 billion in cash and short-term investments, including $500 million in restricted cash.
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