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: 85500

Employment Effects

Announcement Date: 04-07-2008
Planned Job Reductions min: 6800
Planned Job Reductions max: 6800
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-09-2008
Foreseen End Date: 31-12-2008

Additional Information

American Airlines has announced a reduction of its workforce worldwide due to increasing energy prices this year. The company´s management has informed trade unions about its intention to dismiss up to 900 people in early September 2008. The firm has also announced that over 6,800 workers ( i.e. 8 percent of the staff) might lose their jobs by the end of 2008.