American Airlines, which filed for chapter 11 bankruptcy protection in November, detailed plans to lay off 36 cargo agents and four cargo coordinators at DFW in a letter to Texas labor officials. This action is in line with AA parent company AMR Corp.’s announcement in February to cut 13,000 jobs from its workforce as part of a massive restructuring plan. AA downgraded this figure slightly, however, after negotiating with labor unions.
Michael Waldron, American Airlines’ managing director of diversity and talent development, revealed in a letter to the Texas Workforce Commission that the 40 cargo workers will likely lose their jobs on or around September 21.
“Each workgroup was obligated to reduce costs necessary for the successful reorganization of American Airlines,” Waldron wrote in the letter. “Regrettably, reducing our costs requires that we must make a number of tough decisions. Several of these very difficult decisions include a reduction in force.”
In the letter, Waldron said that American Airlines is offering “voluntary separation options” in an attempt to mitigate the number of workers that will be laid off. “Unfortunately, the reality is that our employee population will be affected by the steps we must take,” Waldron wrote.
Overall, American Airlines incurred a net loss of $241 million during the second quarter of 2012, a byproduct of the bankruptcy restructuring costs. The carrier’s cargo segment has particularly struggled in recent months, with tonnage falling 4.9 percent, year-over-year, in July; passenger traffic was also down in July.
American Airlines, which filed for chapter 11 bankruptcy protection in November, detailed plans to lay off 36 cargo agents and four cargo coordinators at DFW in a letter to Texas labor officials. This action is in line with AA parent company AMR Corp.’s announcement in February to cut 13,000 jobs from its workforce as part of a massive restructuring plan. AA downgraded this figure slightly, however, after negotiating with labor unions.
Michael Waldron, American Airlines’ managing director of diversity and talent development, revealed in a letter to the Texas Workforce Commission that the 40 cargo workers will likely lose their jobs on or around September 21.
“Each workgroup was obligated to reduce costs necessary for the successful reorganization of American Airlines,” Waldron wrote in the letter. “Regrettably, reducing our costs requires that we must make a number of tough decisions. Several of these very difficult decisions include a reduction in force.”
In the letter, Waldron said that American Airlines is offering “voluntary separation options” in an attempt to mitigate the number of workers that will be laid off. “Unfortunately, the reality is that our employee population will be affected by the steps we must take,” Waldron wrote.
Overall, American Airlines incurred a net loss of $241 million during the second quarter of 2012, a byproduct of the bankruptcy restructuring costs. The carrier’s cargo segment has particularly struggled in recent months, with tonnage falling 4.9 percent, year-over-year, in July; passenger traffic was also down in July.