AMR Corp., American Airlines’ parent company, posted a $619 million net loss in February, according to a court filing made on Thursday. The Fort Worth-based carrier said its revenues for the month were $1.8 billion.
American spent $375 million in February on reorganization items, including $339 million to reject facility bond obligations related to Dallas/Fort Worth airport and Fort Worth Alliance airport. The company also reported that its unrestricted cash and short-term investments rose to $4.65 billion, up from $4.14 billion on Jan. 31.
The carrier is required to file monthly financial reports while it is in Chapter 11 bankruptcy. In the first three months of bankruptcy, AMR has lost $1.76 billion.