American Airlines Bankruptcy Actions
As one of the biggest Dallas bankruptcy cases, the American Airlines parent company has had to face some tough decisions and negotiations in recent months. Now that the company has won the right to make changes to employee pensions and eliminate more positions in federal bankruptcy court, employees are bracing for the aftermath.
Lightening The Load
American has already laid of thousands of employees both locally and at other airlines hubs around the country since they filed for Chapter 11 late last year. However, last week the possibility for an additional 11,000 job cuts was announced.
American Airlines sent a letter to the Texas Workforce Commission last week warning about the layoffs, which are expected to begin in November. Local employees that are at risk come from various positions located at the Dallas-Fort Worth Airport, Alliance Maintenance Base, American Airline Headquarters, and the DFW Maintenance Hangar. American Airline employees at Austin-Bergstrom Airport and George Bush International Airport in Houston, Texas are also part of the planned cuts.