NEW YORK (Standard&Poor's) Jan. 18, 2006--AMR Corp. (B-/Stable/B-3), parent of American Airlines Inc. (B-/Stable/--), reported a heavy fourth-quarter 2005 net loss of $604 million ($413 million loss before certain asset write-downs and gain on debt restructuring). Standard&Poor's Ratings Service said that the results do not affect its ratings or outlook on AMR or American. The loss compares to a $387 million fourth-quarter 2004 net loss ($473 million net loss before a gain-on-asset sale). Much higher fuel prices (33% higher expense) was the principal cause of the heavy deficit. Damage from higher fuel prices was partly offset by a strong revenue performance, with 14% higher passenger revenue per available seat mile. The full-year net loss was $861
