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AMR Corp. Reports Quarterly Profit

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American Airlines parent AMR Corp. reported a quarterly profit yesterday assisted by bankruptcy cost-cutting, Reuters reported yesterday. The carrier, which is looking to emerge from chapter 11 protection by merging with US Airways Group Inc., had net income of $289 million, or 76 cents a share, in the third quarter, compared with a loss of $238 million, or 71 cents a share, a year earlier. Revenue rose 6 percent to $6.8 billion.