American Airlines Is on the Wrong Flight PathJeffrey Pfeffer
When American Airlines filed for bankruptcy last November, the thought was the company would try to shed workers and costs. This April, American revealed its plans: cutting 13,000 employees, eliminating its pension plans, and reducing health benefits. This provoked, not surprisingly, strong resistance from the unions, which included demonstrations at airports and the company’s annual meeting and also a move to get US Airways to make a bid for the carrier.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.