AMR Corp. posted a net loss of $291 million in September, according to a court filing made Monday afternoon.
Excluding a $3 million net gain in reorganization fees, the Fort Worth-based carrier would have posted a monthly loss of $294 million. During the bankruptcy process, AMR is required to file monthly financial reports with the court.
The company said it spent $41 million on aircraft financing renegotiations and rejections and $15 million on professional fees during the month. It also spent $7 million on "other" reorganization items which are not detailed in the report. AMR also incurred a $66 million gain from pension and post-retirement benefits.
AMR also said that its mainline carrier, American Airlines, had passenger revenues of $1.4 billion with its regional affiliates, including American Eagle, bringing in $225 million in revenues. Total revenues for the month were $1.9 billion.
The company ended the month with $508 million in cash and $3.7 billion in short-term investments for a total of about $4.2 billion on hand. That number is about the same as AMR reported in August and does not include $847 million in restricted cash.
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