American May Trim Flight Schedule Amid Bankruptcy Cost Cuts
American Airlines may eventually trim some flights as parent AMR Corp. reorganizes in bankruptcy with an initial plan to continue “business as usual,” new Chief Executive Officer Tom Horton said.
The reductions, along with job cuts, are likely as the third-largest U.S. carrier seeks to lower expenses, Horton said today on a conference call, without elaborating on the scope of the pullback or a timeline. American said its frequent-flier benefits remain in place.