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AMR delays "not material" to 3Q $51M earnings
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10-17-2012, 05:22 PM
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Flamer
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Quote:
Originally Posted by
misterwl
American Airlines post third-quarter operating income of $51M; net impact of flight cancellations to 3Q results “not material” | LeveragedLoan.com
American reports third quarter operating income of $51M, net income (excluding reorganization items and special charges) of $110 million, and a net loss of $238 million.
delays and cancellations: "net impact of these disruptions to third-quarter financial results was not material.”
American Airlines post third-quarter operating income of $51M; net impact of flight cancellations to 3Q results “not material” | LeveragedLoan.com
These numbers do appear unusual for a business in bankruptcy proceedings. The American legal system.
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