American Airlines" Parent Earns $289 Million in 3Q (DALLAS) - After years of losses, American Airlines is making money by boosting revenue and cutting labor costs. Parent company AMR Corp. said Thursday that it earned $289 million, or 76 cents per share, in the third quarter. That's a turnaround from a loss of $238 million, or 71 cents per share, a year earlier. Adjusted profit is a record $530 million. That figure doesn't include bankruptcy-reorganization costs and other special items. Revenue is up 6 percent, as passengers pay more per mile to fly. Labor costs are down 13 percent from a year ago. American and US Airways plan to merge if they can win or settle an antitrust lawsuit filed by the U.S. Justice Department.