American Airlines Debuts New Logo Following Record Revenue ReportFeatured Stories, News Thursday, January 17th, 2013
DALLAS (AP) _ American Airlines has rolled out a new look. Fort Worth-based American on Thursday introduced a new logo and paint job in a video posted on its website. The red, white and blue stripes along the side of the fuselage are gone. There’s a new logo and a new paint scheme on the tail. The updated livery has been painted on a Boeing 777-300 that goes into service Jan. 31. American is getting close to emerging from more than a year under Chapter 11 bankruptcy protection. It’s considering whether to merge with US Airways or remain on its own.
Earlier in the week, AA’s parent company, AMR Corporation, reported results for the fourth quarter and year ended December 31, 2012. Key points include revenue of $24.9 billion in 2012, the highest in company history. Full-year operating profit of $494 million, excluding special items, a $749 million improvement over 2011. Full-year net loss of $1.9 billion. Excluding reorganization and special items, the full-year net loss was $130 million, a $932 million improvement over 2011. American took delivery of 11 new aircraft in the fourth quarter (nine 737-800s and two 777-300ERs) and 30 new aircraft during the full year (28 737-800s and two 777-300ERs), putting the airline on track to have the youngest, most fuel-efficient fleet among U.S. network carriers by 2017. In the fourth quarter, AMR reported a net profit of $262 million compared to a net loss of $1.1 billion in the fourth quarter of 2011. AMR’s fourth quarter results include $350 million of net positive reorganization and special items.
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