Air- American Airlines says 2,835 TWU members seek early out – Dallas Business Journal

Posted: September 28, 2012 in Uncategorized

September 27, 2012

American Airlines said that 2,835 mechanics, store clerks and fleet service workers have applied for an early-out program and the company said that will lead to fewer layoffs under its Chapter 11 bankruptcy plan.

The Fort Worth Star-Telegram reported that American had said it expected to cut 8,500 jobs of Transport Workers Union members, but that number now has been reduced to 2,600 because of the success of the early-out program and other cost-cutting measures.

The early-out program included a severance payment of $12,500 to each worker.

Fort Worth-based American said earlier that the total number of layoffs has been cut from the 14,000 announced in February to roughly 4,000. The success of the early-out program among flight attendants meant that no flight attendants would be furloughed.

http://www.bizjournals.com/dallas/blog/morning_call/2012/09/american-airlines-says-2825-twu.html

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