(AP) - GLASS HALF-FULL: If you exclude costs related to its bankruptcy restructuring, American Airlines parent AMR Corp. earned $95 million in the second quarter, its first profit for the period since 2007.
HALF-EMPTY: On an accounting basis, however, AMR lost $241 million, or 72 cents per share, compared with a loss of $286 million, or 85 cents per share, a year ago, before it filed for bankruptcy protection in November.
TURNAROUND UPDATE: AMR posted record quarterly revenue of $6.46 billion. Fares were up 7 percent, but the company, which includes the American Eagle regional airline, still sold 85.1 percent of its seats, another record.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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