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AccessMyLibrary    Browse    T    The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News)    FEB-05    Carrier says losses likely to continue.

Carrier says losses likely to continue.

Publication: The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News)

Publication Date: 26-FEB-05
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COPYRIGHT 2005 The Dallas Morning News

Byline: Eric Torbenson

Feb. 26--AMR Corp. offered a worrisome prognosis Friday in its annual report to securities regulators.

The Fort Worth-based parent of American Airlines Inc., which has lost $7.3 billion in the past four years, said the red ink would continue to flow in the current quarter because of high fuel prices and lower revenue.

Analysts predict a first-quarter loss of $424 million, and the figure could rise if fuel prices continue to climb.

While American has pre-purchased about 15 percent...

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