AMR Corp., which has been restructuring in chapter 11 protection since late last year, today posted a smaller net loss and the second quarter and said that its revenue hit a record high, the Wall Street Journal reported today. The Fort Worth, Texas-based company, parent of American Airlines, said that it earned $95 million, excluding $336 million in items and reorganization charges, bringing its net loss to $241 million. In the year-earlier quarter, a time before the company sought protection from its creditors, AMR posted a net loss of $286 million. Stripping out the one-time items, the latest quarterly result represents a $381 million improvement over the prior-year result.
