CBS 11 Header TXA 21 Header MeTV Header KRLD Header The Fan Header
One Year Anniversary West Fertilizer Blast: | Complete West Explosion Coverage

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

kluvs super 70s weekend voting 1979 dl American Airlines Posts $2 Billion LossPick The Best Song From 1979

115245513 8 American Airlines Posts $2 Billion LossCrush Of The Day: Mila Kunis

80219448 American Airlines Posts $2 Billion LossViral Video: Hilarious Southwest Safety Announcement

155742164 American Airlines Posts $2 Billion LossPick Your Favorite Victoria Secret Model

Featured Items

Fantasy_tileHottest Olympians

pet_tileYour Pet Photos

weather_tileSend Us Your Weather Photos

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 This material may not be published, broadcast, rewritten or redistributed.)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