Thoughts and Questions on the AMR 3rd Quarter Postings
 

"Today we reported a third quarter profit of $45 million. This result includes a number of special items, including a $432 million gain from the sale of American Beacon Advisors. Excluding these one-time items, we posted a $360 million loss during the quarter."

I am a little confused...it says there was a $45 million profit but then a $360 million loss...can somebody clarify this?

In the yahoo article it said there was only a $27 million gain from the schedule reductions...it seems as if that isn't exactly the gain they were hoping for or did they make out better than expected?

In the EagleWire Peter Bowler said that after Nov. 1st Eagle pilots can expect a "flat" schedule going into '09...is that to say we should not expect anymore changes? Or can we expect a lot less flying???

they had an operating loss, revenue vs cost wise, if they had not sold other assests (American beacon), AMR as a whole would have lost money

american beacon? was that their monthly magazine?

No, the magazine is American Way. American Beacon is/was an investment fund company. American Beacon

It means that without the sale of the American Beacon funds they posted a 380M loss.... it also means AMR is still on a continuing path of divesting all assets other than American Airlines... which basically means they are setting the stage for a "do it our way, or face BK" form of future negotiations.