AMR Corp., Dallas-Fort Worth, Texas, contributed $75 million to its $6.9 billion defined pension plans in the three months ended June 30, according to the company's second-quarter earnings report. The parent of American Airlines Inc. has contributed $213 million for the year. AMR plans to contribute a total of $310 million to its pension plans this year, which would fulfill its obligation for 2005, according to a first-quarter SEC filing.
Separately, Continental Airlines contributed $50 million in cash and 6.1 million shares of ExpressJet Holdings, valued at about $60.6 million, to its $1.3 billion defined benefit pension plans in the quarter ended June 30, according to its earnings report. In addition, the airline contributed $40 million in cash to the plans in July, bringing its year-to-date contributions to $220 million. The Houston-based company expects to contribute an additional $84 million this year, which would fulfill its funding obligations, according to the report.
