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by Michael J. Shapiro | October 27, 2010

 Last week, American Airlines' parent company, AMR Corp., reported a $143 million third-quarter profit -- a $408 million improvement over last year's third-quarter loss of $265 million. The quarterly profit is the carrier's first since the third quarter of 2007 (excluding special items), and it comes in spite of rising fuel costs. The third-quarter load factor of 84 percent is a company record for any quarter. The carrier concurrently announced that it is expanding service from Los Angeles by 28 percent, adding 10 new domestic and international destinations, for a total of 153 daily departures. The new service will begin on April 5, 2011. Subsidiary American Eagle will embark on a $20 million expansion of its LAX terminal, adding four new gates for a total of 10 by the end of 2011.