1st Qtr Mainline Revenue Up 3.5-4.5 Pct

Hatu

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Aug 20, 2002
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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.

http://yahoo.reuters.com/financeQuoteCompa..._wen7883_newsml
 
AA is still losing money.

AMR expects first-quarter unit revenue to rise 2.9% to 3.9% year-over-year, which is 2 percentage points better than Goldman (Sachs') estimates. The research firm narrowed the first-quarter loss-per-share estimate on AMR to $1.75 from $2.25. Goldman also narrowed the 2005 and 2006 loss-per-share estimates to $3.10 and 25 cents, respectively, from $3.30 and 70 cents.

AMR's Unit Revenue, Margin Gains To Outpace Peers
 
In regard to this post:

AAmech
post Today, 10:04 AM
Post #4


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Unprofitable, but moving in the right direction! 4.5% is a really large increase!


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AMFA/Alaska Airlines: Lowest Paid Mechanics in the Industry!

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

I guess our pay and benefits are really worth bragging about now.
 
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