EMCC European Monitoring Centre on Change

American Airlines

Company/Organisation:
American Airlines

Geographic Location

Country: World

Company

Sector: Transportation / storage
Transportation and storage
51 - Air transport
Number Employed: 110000
Group: AMR

Employment Effects

Announcement Date: 10-09-2002
Planned Job Reductions min: 7000
Planned Job Reductions max: 7000
Type of Restructuring: Internal restructuring
Foreseen End Date: 01-09-2002

Additional Information

The working force will be reduced by 6.5% and the capacity of 9%. This is due to huge losses (1.07 billion USD).