Fewer flights could cost jobs at American Airlines

Discussion in 'American Airlines | AAdvantage' started by sobore, Oct 14, 2011.  |  Print Topic

  1. sobore
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    sobore Gold Member

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    http://www.cecilwhig.com/news/article_842a852a-f501-11e0-b4ea-001cc4c03286.html

    Fall and winter service reductions at American Airlines could cost some workers their jobs at the nation's third-largest airline company.

    American announced Monday it will reduce passenger-carrying capacity in the October-through-December quarter by about 3 percent compared with late 2010. It cited the weak economy, high fuel costs, and more pilots retiring.

    Analysts said the move, along with similar recent announcements from United and Delta, showed that airlines were serious about controlling costs. Barclays Capital said Tuesday that it still expects American's parent, AMR Corp., to lose money through next year - but not as much, thanks to the reductions.

    Read More: http://www.cecilwhig.com/news/article_842a852a-f501-11e0-b4ea-001cc4c03286.html
     
  2. milchap
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    milchap Gold Member

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    The only ways to profitability are increasing revenues and/or decreasing costs.
     
  3. sobore
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    sobore Gold Member

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    Hopefully this won't result in aircraft maintenance being outsourced to a high school shop class. :eek:
     
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  4. rwoman
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    rwoman Gold Member

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    An unfortunate effect of the current state of airlines and the economy...:( The last thing we need is more unemployed people.
     
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  5. DestinationDavid
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    AA already has indicated they're going to outsource some maintenance work due to work back ups within their own facilities. The outsourcing was to a US company, though.


    Seems like AA is attempting to do both of those lately.
     
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  6. Gaucho
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    Gaucho Gold Member

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    Dont forget these is also something called government subsidies......

    :eek:
     
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