AMR loss of $291 million for September

October 30, 2012 on 12:24 pm | In Airline News | 1 Comment

AMR has reported a net loss of $291 million for September which includes $160 million in special bankruptcy charges.  This means that American Airlines had a significant loss for September regardless.  And I would remind readers of the artificially low costs AA is experiencing right now as well.

Yes, this absolutely had to do with the pilots conniption with the company but I assure you that the pilots didn’t do $131 million in damages with their behavior either.  That would be so spectacular as to cause the airline to head immediately to court for relief.   Furthermore, the pilot problem is at the least 50% of AA’s fault in the first place.

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