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American Airlines parent AMR will eliminate up to 700 jobs as it downsizes its maintenance and engineering operations, the company said Wednesday in a letter to employees.
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Tony Gutierrez / AP American Airlines aircrafts. |
The second-largest U.S. airline, which has slashed capacity amid economic woes, said it would "resize and reshape" its M&E operation to better meet the needs of its smaller fleet.
AMR [AMR
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] said it would wind down all operations at its Kansas City Maintenance Base next year after it closes the location in September. The changes will affect operations in other locations throughout its system, including the St. Louis line operations, which will be downsized.
"Unfortunately, these changes will cause a reduction of up to 700 positions, both management and union, in the M&E and supporting departments' workforce," Carmine Romano, AMR's senior vice president of maintenance and engineering, said in the letter.
The company said it would provide voluntary exit options for its unionized workforce.
The airline industry has been battered in the last year as the recession has eroded travel demand. Industry leaders have reported tentative signs of a rebound in demand for business travel.
Shares of AMR were down about 1 percent in early New York Stock Exchange trading.
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