BuzzNewzz

Excluding Special Items, as Record Fuel Prices Drove $838 Million in Higher Costs Compared to a Year Ago

Second Quarter Net Loss of $1.4 Billion Includes $1.2 Billion in Non-Cash Impairment Charges and Severance-Related Charges Company Ends Second Quarter with $5.5 Billion in Total Cash and Announces $500 Million in Additional Financing to Further Bolster Liquidity In Response to Fuel and Economic Challenges, AMR Plans to Reduce 2009 Capacity through Early Retirement of A300 Fleet and Expects Additional Capacity Reductions Next Year AMR Corporation (NYSE: AMR), the parent company of American Airlines, Inc., today reported a net loss of $1.4 billion for the second quarter of 2008, or $5.77 per share.