Today, the worlds largest air carrier and parent company of American Airlines, AMR Corp. (NYSE:AMR), posted its 2Q fiscal results. The company reported a net loss of $1.45 billion or $5.77 per share, down significantly from last year's net earnings of $317 million or $1.08 per share. Revenue for the quarter increased from $5.88 billion last year, to $6.18 billion. The results show the impact that fuel prices, which have nearly doubled over the last year, have on the industry.

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