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Company spokesman Bruce Hicks said the proposal to flight attendants "will help build a new American that can compete and win." He said AMR was "eager to move forward to the next phase of our restructuring." AMR, which also owns the American Eagle regional airline, is trying to cut annual costs by $2 billion, with about half coming from labor. The company has lost more than $10 billion since 2001. On Wednesday, it reported a second-quarter loss of $241 million but said it would have earned $95 million excluding costs related to its turnaround work under bankruptcy protection. The unions support a potential takeover of American by US Airways Group Inc., and have signed provisional contracts that would take effect if there is a merger while AMR is still in bankruptcy court.
[Associated
Press;
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