American Airlines Announces Plans to Cut Up to 1,100 Jobs

Summary


The Associated Press

DALLAS - American Airlines, struggling with rising fuel costs and competition from low-fare carriers, will furlough up to 650 maintenance workers in Kansas City and St. Louis and up to 450 pilots, the company said in a memo given to employees Friday.

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Extract


American Airlines Announces Plans to Cut Up to 1,100 Jobs

The news came two days after Fort Worth-based AMR Corp., parent of American, reported that it lost $214 million from July through September and...

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