|
US Airways, American Airlines cut 1,700 jobs
2009-10-28
NEW YORK (AFP) - US Airways and American Airlines said Wednesday they were cutting a total of 1,700 jobs as they face turbulence amid prolonged recession. US Airways said it would cut about 1,000 jobs during the first half of 2010 and reduce service to Europe as it hunkers down to battle weak demand. The airline will focus on the key network strengths at its three hubs in Charlotte, North Carolina; Philadelphia, Pennsylvania; and Phoenix, Arizona; as well as in Washington and its shuttle service, the company said in a statement. "By concentrating on our strengths we will be better-positioned to return US Airways to profitability," said Doug Parker, chairman and chief executive. The Tempe, Arizona-based airline said it would suspend five European destinations served from Philadelphia, "given the weakness in trans-Atlantic revenue": Birmingham, England; London Gatwick; Milan, Italy; Shannon, Ireland; and Stockholm, Sweden. Among other realignment moves, the company said it would give back its Philadelphia-Beijing flight authority to the government and slash flights to Las Vegas from 64 to 36 daily departures by February. The announcement came after the airline reported last week a net loss of 80 million dollars in the third quarter as air travel slumps amid the recession and fuel prices rise. Separately, AMR, the parent of American Airlines, said it was slashing up to 700 management and union jobs in its maintenance and engineering operations to respond to restructuring changes undertaken to cope with the market turbulence.
|  |
 New jobless claims fall unexpectedly to 457K (2009-12-03) | | New $100 billion safety net for jobless in works (2009-12-01) | | Weekly jobless claims drop below 500,000 (2009-11-25) | | Electronic Arts to cut 1,500 jobs (2009-11-09) | | Jobless rate tops 10 pct. for first time since '83 (2009-11-06) | | Obama: Hiring last to come as economy rebounds (2009-11-02) |  US Airways, American Airlines cut 1,700 jobs (2009-10-28) | | US new jobless claims up again (2009-10-22) | | Obama looking at all options for creating jobs (2009-10-18) | | New jobless claims fall to 521K, lowest since Jan. (2009-10-08) | | Jobless claims hit 9-month low, retail sales rise (2009-10-08) | | Even as layoffs persist, some good jobs go begging (2009-10-04) | | U.S. jobless rate hits 26-year high of 9.8 percent (2009-10-03) | | US jobs picture may worsen in coming months: Obama (2009-09-20) | | New jobless claims drop unexpectedly to 545K (2009-09-17) | | For the jobless, Labor Day is hardly a holiday (2009-09-05) | | 10 Least Competitive Job Markets (2009-08-18) | | Lockheed Martin aerospace division to cut 800 jobs (2009-08-17) | | Jobless NYC woman sues college for $70K in tuition (2009-08-03) | | More Job Seekers Are Relocating For Work (2009-07-27) | | The End of Unemployment Benefits: 5 Things to Know (2009-07-27) | | New jobless claims rise to 554K, total rolls fall (2009-07-23) | | Identity Thieves Target Job Seekers (2009-07-15) | | Crisis spurs people to work for free - good or bad? (2009-07-13) | | Jobless claims drop, data skewed by auto jobs (2009-07-09) |
|
|
|
|
|
