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).