AMR Corporation reports third quarter net profit of $530m

AMR Corporation reported net profit of $530m, excluding reorganization and special items, a $420m improvement year-over-year; Revenue of $6.8bn improved 6.2% year-over-year, while consolidated unit costs, excluding fuel and special items, improved 5.0% year-over-year. AMR ended the third quarter with approximately $7.7bn in cash and short-term investments, including restricted cash, compared to a balance of approximately $5.1bn at the end of the third quarter of 2012.

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