AMR Corporation posts fourth quarter net loss of $1.1bn

AMR Corporation, the parent company of American Airlines, recorded consolidated net loss of $1.1bn for the fourth quarter of 2011 compared to a consolidated net loss of $97m in the fourth quarter of 2010. AMR recorded fourth quarter 2011 consolidated revenues of approximately $6.0bn, an increase of 7.4% year-over-year. For fiscal 2011, AMR recorded a consolidated net loss of approximately $2.0bn, which compares to a consolidated net loss of $471m for fiscal 2010.