American Airlines flights could be cut after holidays

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American Airline flights could be cut after holidays
American Airlines' bankruptcy may bring cuts in flights and possible layoffs for employees.

McClatchy Newspapers
By Andrea Ahles


American Airlines will get customers to their holiday destinations this year, but the carrier will likely get smaller in 2012 as its parent company, AMR Corp., reorganizes under Chapter 11 bankruptcy.

The carrier said high labor costs, rising fuel prices and billions in debt led it to file for bankruptcy protection Tuesday in a New York federal court.

AMR assured customers that it will continue to operate a normal flight schedule for American and its regional subsidiary, American Eagle, and honor its frequent flier miles.

But industry analysts say that the carrier will likely terminate leases on less fuel-efficient aircraft and cut unprofitable routes starting in January. Layoffs or early retirement offers may occur early next year, analysts speculated. ..............(more)

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