AMR Corporation reports net profit of $357m for 2nd quarter 2013

AMR Corporation, the parent company of American Airlines reported results for the second quarter ended June 30, 2013. AMR reported consolidated and mainline passenger revenue of $5.6bn and $4.9bn, respectively – the highest passenger revenue for the second quarter in company history. Net profit was $357m, excluding reorganization and special items, a $262m improvement year-over-year. Operating profit was $502m, excluding special items, a $254m improvement over second quarter 2012. GAAP operating profit was $489m, a $347m improvement year-over-year.