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AIRLINES

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From Times Staff and Wire Reports

AMR’s Losses to Exceed Expectations: American Airlines’ parent company said it lost $46 million in February and expects to lose more money in the first quarter than many on Wall Street had expected. AMR Corp. said its quarterly loss will be more than 24 cents a share, which would come to more than $18 million based on 76 million outstanding common shares. American, like other airlines, was hampered by a severe winter that closed airports and canceled flights. AMR closed down $1 at $63 on the NYSE.

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