Amer­i­can trails peers in profit

Austin American-Statesman - - BUSINESS & PERSONAL FINANCE -

US Air­ways joined Delta and United in post­ing a big sec­ond-quar­ter profit — but Amer­i­can Air­lines missed the party.

Alone so far among the nation’s biggest air­lines, Fort Worth-based Amer­i­can re­ported Wed­nes­day that it lost money this spring, al­though far less than it did a year ago. Amer­i­can blames its trou­bles on high fuel and la­bor costs and a com­pet­i­tive hand­i­cap on in­ter­na­tional flights.

Over­all, the sec­ond quar­ter is shap­ing up as the air­line in­dus­try’s best in three years, lifted by a re­bound in busi­ness travel.

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