AMR posts $807 million loss in March

(Reuters) - AMR Corp , the bankrupt parent of American Airlines, posted a net loss of $807 million for March and said it spent more than $2 billion on fuel, wages and other expenses. The company spent $779 million on fuel and $597 million on wages, salaries and benefits, it said in its monthly operating report filed with the SEC. Total operating expenses amounted to $2.10 billion, while operating revenue totaled $2.20 billion for March. AMR ended the month with $4.82 billion in cash and short-term investments. ...