American Airlines Seeks Deal
DALLAS (AP) - American Airlines is turning up the heat on its workers, saying it doesn't have much time to win cost-saving concessions from labor unions.
American said Friday night it needs those deals in place in "a matter of weeks."
AMR Corp.'s American, which filed for bankruptcy protection in November, wants to cut spending by $2 billion a year, including $1.25 billion in labor costs.
It wants to cut 13,000 jobs, reduce pay and benefits, and get more productivity from workers who remain.
Unions for pilots, flight attendants and ground workers have been making their own proposals to save money while criticizing the company's plan as too harsh.
If there is no deal between labor and the company, American can ask a bankruptcy judge to impose the company's demands.
- American Airlines Pilot Faces Child Porn Charges
- American Airlines
- American Airlines Could Lose More Customers After Loose Seats
- Outage Grounds American Airlines Flights
- American Red Cross Seeking Donations For Victims of Hurricane Sandy
- US Airlines to Halt Northeast Flights
- Breaking: Airliner Crashes in San Francisco
- Alaska Airlines Plane Wing Note 'Not Appropriate'
- 60 Unaccounted For in Asiana Airlines Crash
- Students Seek to Stop Loan Interest Rate Hike