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AMR Expected to Take 4th-Quarter Charge: The Ft. Worth-based parent of American Airlines Inc. is seen taking a charge of between $250 million and $300 million to cover its tentative early-retirement agreement with machinists and ground handlers, an analyst said. AMR Corp. will probably see a savings of more than $300 million from the agreement, reached last week with the 27,000-member Transport Workers Union, Merrill Lynch analyst Candace Browning said. “I think the benefit far outweighs what the charges would be,” Browning said. AMR spokesman Al Comeaux said the agreement is meant to benefit the airline over the long term, but he would not comment on potential savings.
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