Excluding Special Items, 1Q Net Loss Was $248 Million Compared To A Net Loss Of $405 Million In 1Q 2011
AMR Corporation, the parent company of American Airlines, Inc., filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on Thursday. The report summarizes AMR's business and financial results for the first quarter ended March 31, 2012, on a consolidated basis.
Pact Allows Transfer Of EU Airline Passenger Data To U.S. Authorities
A new agreement on the transfer of EU air passengers' personal data to the US authorities was approved by the European Parliament on Thursday. The deal sets legal conditions and covers issues such as storage periods, use, data protection safeguards and administrative and judicial redress. The agreement will replace a provisional deal in place since 2007.
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