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DALLAS (AP) — American Airlines wants to cut labor costs by 20 percent and eliminate 12,000 to 14,000 jobs at the nation’s third-biggest airline.
American’s top labor-relations executive told employees at a closed-door meeting about the expected job cuts, according to a source familiar with the situation.
American and parent AMR Corp. filed for bankruptcy protection back in November. The company has about 88,000 workers, including those at short-haul affiliate American Eagle.
