AMR Corp.’s first-quarter earnings fell 93% because...
- Share via
AMR Corp.’s first-quarter earnings fell 93% because of fare wars, the parent company of No. 2 American Airlines reported. The airline’s yield--the average amount of revenue received for every passenger flown one mile--dropped by 12.5%, compared to the 1985 first quarter, the company said. Fares directly affect yields.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
