UPDATE 1-American Airlines parent AMR posts quarterly profit
Jan 16 (Reuters) - American Airlines parent AMR Corp on Wednesday reported a fourth-quarter profit against a year-earlier loss, aided by cost-cutting from its bankruptcy restructuring.
The carrier said it expected to show "strong results" starting in the first quarter.
Net income was $262 million, or 69 cents a share, compared with a loss of $1.1 billion, or $3.27 a share, a year earlier.
Quarterly revenue eased 0.3 percent to $5.9 billion.
American, which is weighing merging with US Airways Group against exiting Chapter 11 as a standalone company, cited quarterly cost savings from renegotiated plane leases, reductions in management and support staff and freezing pension plans.