AMR (AAMRQ.PK) says increased reorganization expenses contributed to the $238M loss the carrier...

|By:, SA News Editor

AMR (AAMRQ.PK) says increased reorganization expenses contributed to the $238M loss the carrier saw in Q3. A trimmer American Airlines saw consolidated passenger revenue per available seat mile increase 4.3% during the quarter on lower capacity. CEO Tom Horton says the company is in a position to submit a reorganization plan by the end of the year.