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Airlines, like any business, are susceptible to market fluctuations and economic difficulties. The economic structure of the airline industry may contribute to airline bankruptcies as well. One major element in almost every airline bankruptcy is the rejection by the debtor of its current collective bargaining agreements with employees.
By Karen Jacobs American Airlines said Tuesday that it has notified more than 11,000 workers that they could lose their jobs as part of its bankruptcy reorganization, and said it was cutting ...
American Airlines is laying off 656 employees as it restructures a new Customer Success team. ... The layoffs will eliminate 8.2% of its 8,000 customer service-related positions for a total of 656 ...
American was the last of the remaining legacy airlines in the US to file for bankruptcy, and thus there are no remaining legacy carriers that have not taken advantage of Chapter 11. The Air Transport Association group said that unofficial research states that AMR was the 100th airline company to go into bankruptcy protection since 1990.
Southwest Airlines suspended about 40% of its flights in late March and stored 50 aircraft but denied rumors of pilot furloughs or bankruptcy. [190] By the end of April, the airline canceled about 50% of its flights through late June, parked 350 of its 742 aircraft, delayed many Boeing 737 MAX deliveries, and was claiming losses of at least US ...
Layoffs have hit companies from Blue Origin to Meta and Boeing already in 2025 amid a backdrop of cost-cutting and technological change. The list of major companies laying off staff this year ...
The following is a list of defunct airlines of the United States.However, some of these airlines have ceased operations completely, changed identities and/or FAA certificates and are still operating under a different name (e.g. America West Airlines changed to use the identity of US Airways in 2005 – which itself also changed identity to American Airlines in 2015).
DALLAS (AP) — American Airlines said Tuesday it will cut more than 40,000 jobs, including 19,000 through furloughs and layoffs, in October as it struggles with a sharp downturn in travel because ...