BULLETIN: AMR Corp. Reports Loss, No Ratings Effect - S&P Global Ratings’ Credit Research

BULLETIN: AMR Corp. Reports Loss, No Ratings Effect

BULLETIN: AMR Corp. Reports Loss, No Ratings Effect - S&P Global Ratings’ Credit Research
BULLETIN: AMR Corp. Reports Loss, No Ratings Effect
Published Oct 19, 2005
Published Oct 19, 2005
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Abstract:

NEW YORK (Standard&Poor's) Oct. 19, 2005--AMR Corp. (B-/Stable/--) today reported a third-quarter net loss of $153 million ($95 million before several special items). The result is mildly disappointing in the context of the company's second-quarter profit and a profit reported today by competitor Continental Airlines Inc. Still, the results are understandable given very high fuel prices, not fully offset by improved pricing, and are less than the 2004 third-quarter loss of $214 million. Standard&Poor's Ratings Services said the announcement has no effect on its ratings or outlook for the company. AMR faced $525 million (up 44.9%) of added fuel expense compared to the prior year period, though it managed to reduce nonfuel cost per available seat

  
Report Type:

Bulletin

Ticker
Issuer
GICS
Airlines (20302010)
Sector
Global Issuers , Public Finance , Structured Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: AMR Corp. Reports Loss, No Ratings Effect" Oct 19, 2005. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-AMR-Corp-Reports-Loss-No-Ratings-Effect-469865>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: AMR Corp. Reports Loss, No Ratings Effect Oct 19, 2005. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-AMR-Corp-Reports-Loss-No-Ratings-Effect-469865>
  
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