Leaving on a jet plane…

February 3, 2012 by
Filed under: Restructuring 

13,000 jobs globally are under threat as the parent company of American Airlines reveals restructuring plans that aim to reduce staff costs in an attempt to save a over £1billion a year. Competitor research has shown that the airline needs to make some massive improvements financially as well as looking at their existing fleet – could they be greener and more fuel efficient? The airline plans to invest an average of $2billion a year over the next few years so that by 2017, American Airlines will have the youngest fleet in North America.