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American Airlines

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American Airlines is set to cut more than 40,000 jobs, including 19,000 through furloughs and layoffs in October, if an aid package from the federal government does not come through.

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More than 500 employees of Delta Air Lines have tested positive for Covid-19, and at least ten have reportedly died of it. The cases …

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For the first time in more than fifteen years, representatives from the three major airlines of the United States, that are United, Delta, and …

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General Motors Co.’s Cadillac brand and American Airlines Monday launched a partnership to bring a wide range of exclusive benefits to travelers, ranging from …

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American Airlines and US Airways got their slot; permission to take off. From 9th December merging of their wings will be complete. After this week’s pronouncement of a federal bankruptcy judge American Airlines and US Airways are free to complete their merger and become the world’s largest airline. The judge rejected a request by a group of consumers to block the deal between airlines. Merged wings will hopefully justify reasons of the merging and won’t let down all the people who were worried about their business plan in the first place.

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At last, the merger of American Airlines and US Airways is said to be announced on the 14th of February. And if the day of the long-anticipated announcement may suggest that the merger has some romantic inclinations, the truth is that the transaction is clearly pragmatic. Undoubtedly, the deal will create one of the US largest carriers. But the merger of American Airlines and US Airways is also expected to be one of the last biggest transactions in a time of increased consolidation in an industry which has been recently struggling amid tough economic conditions.

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On 18th of September American Airlines informed that it had notified approximately 11,000 workers that they could lose their jobs as a part of the company’s bankruptcy reorganization. According to Bruce Hicks, spokesman for American Airlines, the company, however, expects job cuts to be closer to 4,400. In addition, flights were cut by one to two percent for the rest of the September and October.

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A contract offer has been signed by AMR flight attendants. The ratification of the contract means that the cost in bankruptcy protection will be probably cut. As it was stated by the Association of Professional Flight Attendants, almost 59.5 percent flight attendants voted to accept the contract, compared to 40.5 percent who turned down the offer. According to AMR flight attendants leaders, the result of voting shows the strong support for a merger between AMR and US Airways.

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It seems as if IAG or International Airlines Group is deliberating whether or not to purchase an American Airlines minority stake in order to increase their commercial bond and make sure that the United States carrier retains its position as a division of Oneworld, the international airline alliance. The chief executive of IAG, Willie Walsh, reportedly claimed that investing in a minor stake in America would provide them with the opportunity to strengthen the membership of the US carrier in Oneworld, the association with which his group is also affiliated.

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With a potential merger between US Airways and American Airlines already in place, the airline industry is experiencing yet another shakeup. If the merger …

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American Airlines had filed for bankruptcy last November and is now ready to lay off nearly 13,000 employees or 16 percent of its work force. American Airlines plans to cease its pension plans. It also wants to cut back health benefits for current employees and retirees. Over all, American Airlines is looking to cut employee costs by 20 percent.

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