CBS 11 Header TXA 21 Header MeTV Header KRLD Header The Fan Header
STORMS IN NORTH TEXAS: | Radar | Current Conditions & Details | Storm Team Blog
CBS DFW WEATHER APP: iPhone App Store | Android App Coming Soon | More Information

Local

American Airlines Posts $2 Billion Loss

View Comments
(credit: Scott Olson/Getty Images)

(credit: Scott Olson/Getty Images)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

From Our CBS Music Web Sites

625x352 thrill eng preview American Airlines Posts $2 Billion LossWin A Trip To Disneyland!

82641739 10 American Airlines Posts $2 Billion LossHottest Sunbathers Of The Summer

95790575 American Airlines Posts $2 Billion LossOne Husband's No Sex Spreadsheet

 alt=Win $1000!

 alt=Musicians Then And Now

Fantasy_tile

VOTE: Best Coaches In American Sports

DALLAS (AP) - American Airlines is reporting a $2 billion loss for the fourth quarter because of charges mostly related to its bankruptcy reorganization and merger with US Airways.

The company said Tuesday that excluding one-time charges totaling $2.4 billion, American and US Airways would have earned a combined profit of $436 million, or 59 cents per share.

Analysts, who usually exclude special items, were expecting 55 cents per share.

The airlines merged on Dec. 9 as American came out from two years in bankruptcy protection. Together they are the world’s biggest airline operator.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Latest News:

Top Trending:

View Comments