|
|
||||
![]() |
Friday Aug 22
|
|||
| |
||||
American Airlines to lay off 200 pilotsby MT Bureau - July 17, 2008 - 0 comments
Fort Worth, Texas -- U.S. carrier American Airlines said it would cut 200 pilot positions from its roster of 8,500 pilots by first offering job buyouts to senior captains. The airline extended a similar deal to its flight attendants on July 2, the Fort Worth Star-Telegram reported. The cuts are part of an effort to reduce passenger capacity by 8 percent as a reaction to soaring jet fuel costs. "Eligible senior captains would have the opportunity to separate with additional money, union pilots could move upwards to higher-paying positions, and some, or even all, of the bottom 200 pilots may not need to be furloughed," the airline said in a statement. Gregg Overman, a spokesman for the Allied Pilots Association, which represents American's pilot staff, said the cuts were "a regrettable business decision." "The airline is short-staffed and additional furloughs will make that worse," Overman told the newspaper. Copyright 2008 by United Press International. Post new comment |
|
||||||
Disclaimer: The views and investment tips expressed by investment experts on themoneytimes.com are their own, and not that of the website or its management. TheMoneyTimes advises users to check with certified experts before taking any investment decision. ©2004-2008 All Rights Reserved unless mentioned otherwise. [Submit News/Press Release][Terms of Service] [Privacy Policy] [About us] [Contact us] |