Juxtaposed against loses at its US counterparts, American Airlines posted a third-quarter profit of US$45 million thanks to extraordinary gains that held back the flood of red ink. The Fort Worth, Texas-based airline’s income was buoyed by a US$432 million gain from the sale of its wholly owned investment advisory services company, American Beacon Advisors. The airline also took US$27 million in severance and other charges tied to capacity reductions that took effect this … [Read more...] about Americas : Extraordinary gains save American