AMR Reports Narrower First-Quarter Loss on Higher Sales

American Airlines, the nation's biggest carrier, sold more tickets to passengers who paid higher fares, but its parent company still lost money in the first quarter because the revenue gains were wiped out by sharply higher fuel prices.

AMR has cut billions in spending since 2001, including eliminating thousands of jobs and reducing its fleet. That will continue, as the company said Wednesday it would mothball 27 of its MD80 aircraft - among the worst gas-guzzlers in the fleet - by July 1.

The airline said the move is temporary. Arpey was asked what it would take to get those planes back in the air.

"Making money," he said.

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