Link to the full article here. Highlights: "American Airlines' parent company, AMR Corp., reported a first-quarter loss of $436 million, partly due to higher fuel costs." "American said it will reduce its system capacity plan by an incremental 1 percent in the fourth quarter and will retire at least 25 MD-80s this year. This is the second revision of its capacity growth plans which were initially slated for 4.3 percent this year." "Now, the airline is saying it will only grow capacity by about 2.2 percent with most of the added flights on international routes to China and Europe. With the announced revision, American's domestic capacity will be down 0.5 percent this year while international capacity will be up 6.2 percent compared to 2010. The carrier also said that it will purchase two more Boeing 777-300 ERs, for a total of five of the long-range aircraft now on order. These aircraft have a longer range than the Boeing 777 models American has in its fleet." "Consumers paid more for American tickets as the average fare rose by 6.2 percent compared to the same period last year. Unit revenues also grew 5.2 percent in the quarter which the company attributed to 'an improved fare environment and a recovering economy, as well as a more robust business travel market.' However, rising fuel costs are going to continue to hurt AMR's earnings through the rest of the year."