American Airlines avoids flight attendant layoffs
Tuesday, July 29, 2008 - 7:20 PM CDT
Dallas Business Journal
American Airlines Inc. will not need to lay off any flight attendants after enough employees agreed to take voluntary leaves of absence or early retirement offers, a spokeswoman for the airline said Tuesday.
Fort Worth-based AMR Corp., (NYSE: AMR) the parent company of American Airlines, previously announced plans to eliminate 900 flight attendant positions in response to growing capacity reductions.
About 300 flight attendants accepted what the airline is calling a "bridge to retirement program," while the remaining staff reductions will be handled through voluntary leaves of absence.
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