AIRLINES

Airline Projects Loss: Less than halfway through the fourth quarter, the parent company of American Airlines projected a loss in the final three months of the year because of sluggish travel demand. The announcement by Ft. Worth-based AMR Corp., which had lost money through the third quarter, signaled a second straight year of losses for the company. Before the announcement was made, AMR stock closed up $1.125 at $63.75 on the New York Stock Exchange. AMR earned $70.3 million in the third quarter but lost $115 million in the first nine months.