Oct 17 (Reuters) - American Airlines parent AMR Corp reported a quarterly profit on Thursday, helped bybankruptcy cost-cutting.
The carrier, which is looking to emerge from Chapter 11protection by merging with US Airways Group Inc, had netincome of $289 million, or 76 cents a share, in the thirdquarter, compared with a loss of $238 million, or 71 cents ashare, a year earlier.
Revenue rose 6 percent to $6.8 billion.
The U.S. Justice Department sued to block the merger inAugust, and a federal trial in the case is set to begin nextmonth.
- Company Earnings
- American Airlines
- US Airways Group Inc