American Airlines aims to cut 13,000 jobs
World BusinessFeb 2, 2012
DALLAS (AP) ― The parent of American Airlines wants to eliminate about 13,000 jobs ― 15 percent of its workforce ― as the nation’s third-biggest airline remakes itself under bankruptcy protection.The company proposes to end its traditional pension plans, a move strongly opposed by the airline’s unions and the U.S. pension-insurance agency, and to stop paying for retiree health benefits.AMR Corp. said Wednesday that it must cut labor costs by 20 percent. It will soon begin negotiations with its t