As I said in the other (now deleted) thread, it is unsurprising that AMR's results will continue to lag - on a margin basis - those of most major competitors, since most of those major competitors are benefiting from have years of ATI/JV partnerships, and post-bankruptcy costs, behind them. AMR still has yet to secure the single most important element of their restructuring - new union contracts - which will have a profound impact on both AMR's costs, and its ability to competitive generate revenue.
Nonetheless, putting comps with the industry aside for a moment, the individual YOY
results improvement are definitely moving very much in the right direction. Quarterly operating profit of $142M, net profit (net of reorganization) of $95M, and a whopping cash flow from operations of $1.652B. It's true - AMR's operating cash numbers are inflated by bankruptcy shielding them from some financial obligations, but that is still a respectable cash number either way.