American Airlines aims to cut 13,000 jobs

American Airlines aims to cut 13,000 jobs

By DAVID KOENIG
The Associated Press

Published Feb 2, 2012 12:19PM MDT

Dallas • 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 also 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 it...

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