Did You Miss AMR's Management Cuts? | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Tue, Apr 22, 2003

Did You Miss AMR's Management Cuts?

Managers, Support Staff at Carrier Reduced

American Airlines began the painful process of implementing the $1.8 billion in cost savings achieved by its employees through historic accords over the past several weeks.

As previously announced, the carrier reduced the size of its management team Thursday by a further 5 percent. Additionally, American currently has a working group reviewing various management processes throughout the airline with a goal of reducing management ranks yet another 5 percent by July 1.

Managers had a one in three chance of finding office shuttered...

Leading up to Thursday, American has already cut 22 percent of its management staffing since 2001. Adding in today’s reductions and those coming by July 1, nearly one of every three management positions will have been eliminated at the company.

"It is critical that management continues to lead our recovery," said Don Carty, American’s chairman and CEO. "Unfortunately, in what is certainly the most difficult outcome of this process, this means many individuals will no longer be active members of the American Airlines team."

American reduced the size of its management and support staff by 5 percent Thursday.

These reductions are part of the $100 million in cost savings that management and support staff will contribute to the airline's recovery effort.

FMI: www.amrcorp.com

Advertisement

More News

ANN's Daily Aero-Term (05.09.24): Hold Procedure

Hold Procedure A predetermined maneuver which keeps aircraft within a specified airspace while awaiting further clearance from air traffic control. Also used during ground operatio>[...]

ANN's Daily Aero-Term (05.06.24): Altitude Readout

Altitude Readout An aircraft’s altitude, transmitted via the Mode C transponder feature, that is visually displayed in 100-foot increments on a radar scope having readout cap>[...]

ANN's Daily Aero-Linx (05.06.24)

Aero Linx: European Hang Gliding and Paragliding Union (EHPU) The general aim of the EHPU is to promote and protect hang gliding and paragliding in Europe. In order to achieve this>[...]

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

Also: Skydio Chief, Uncle Sam Sues, Dash 7 magniX, OR UAS Accelerator US Secretary of the Air Force Frank Kendall was given a turn around the patch in the 'X-62A Variable In-flight>[...]

Aero-News: Quote of the Day (05.07.24)

"The need for innovation at speed and scale is greater than ever. The X-62A VISTA is a crucial platform in our efforts to develop, test and integrate AI, as well as to establish AI>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC