Similar Stories to American Cuts 700 More Positions on Bing News

Andrea Ahles American Airlines announced this morning that it will be cutting 700 maintenance and engineering positions.The Fort Worth-based airline said the job cuts are a result of the reduction of the number of planes in its fleet from 900 to 600. The cuts will affect management, union and non-union employees at several maintenance locations across the United States, but not at the Alliance Fort Worth facility."Our goal with these changes is to move toward a more flexible, cost-efficient operation that improves flow and takes into account the long-term impact of the recession on travel, deep capacity cuts across the industry, and a corresponding decline in the MRO (maintenance, repair and overhaul) business, along with the changes to our network and corresponding fleet size," said Carmine Romano, senior vice president of maintenance and engineering in a letter to employees.American also said it has finalized plans to close the Kansas City maintenance base by September 2010.

BING NEWS:
  • Fed lowers rates but sees fewer cuts next year due to stubbornly high inflation
    Stocks stalled while the dollar drifted higher on Wednesday as investors made last-minute adjustments to portfolios in the countdown to the year's final salvo of central bank meetings, while news of a ...
    12/18/2024 - 11:33 am | View Link
  • Fed cuts interest rates, delivering relief for borrowers at last meeting before Trump takes office
    The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, delivering relief for borrowers at the central bank's last meeting before President-elect Donald Trump takes ...
    12/18/2024 - 8:38 am | View Link
  • RICK MANNING: Dear Republicans, Go Big On Trump’s Tax Cuts
    Speaker Mike Johnson (R-La.) and soon to be Senate Majority Leader John Thune (R.-S.D.) need to go huge in first ...
    12/18/2024 - 6:51 am | View Link
  • The Fed cuts interest rates once again in its final decision of the year
    The Federal Reserve cut interest rates by 25 basis points on Wednesday, with the central bank expected to move more slowly in 2025.
    12/18/2024 - 6:00 am | View Link
  • Trump could target Affordable Care Act, Medicaid for cuts, experts say
    Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
    12/17/2024 - 1:13 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News