American reports $2bn loss for 2011

摘要

American Airlines, a subsidiary of the bankrupt company AMR Holdings, has reported a $2 billion consolidated net loss for fiscal year 2011. This compares with a net loss of $471 million for the same period the previous year. In the 2011 fourth quarter alone, American reported a consolidated net loss of $1.1 billion, compared with $97 million in the fourth quarter of 2010. Consolidated revenues for the fourth quarter of 2011 were about $6 billion, an increase of 7.4% year on year. ' The full-year losses include $ 118 million in reorganization charges, primarily because of rejecting 20 MD-80s and four Fokker 100s after filing for bankruptcy on November 27 last year.