This from: Dallas News
Here’s what we expect, in general:
Around 10 a.m., chairman, president and CEO Tom Horton will begin describing the company’s business plan for reorganization as he meets with leaders of the Allied Pilots Association, Association of Professional Flight Attendants and Transport Workers Union.
Beverly Goulet, vice president, treasurer and chief restructuring officer, will discuss the plans as well, as will Jeff Brundage, senior vice president of human resources.
When that briefing finishes up around noon or 12:30 p.m., they’ll take a break. Then, American Airlines managers and each union will break off into separate meetings to get further details on what American is proposing for employees represented by those unions.
Separately, American Eagle president and CEO Dan Garton and Goulet will go through the same exercise with the unions that represent American Eagle employees: the Air Line Pilots Association, the Association of Flight Attendants and the TWU.
To repeat our previous predictions, American plans to close the Alliance maintenance base and significantly reduce other maintenance personnel; significantly reduce the number of ground workers; seek more hours each month from pilots and flight attendants; outsource a lot of maintenance and ground work.
We’ve heard a vague number of a 20 percent reduction in headcount. Based on the 80,800 employees as of Sept. 30, that would mean more than 15,000. But don’t rely on that number until the company says something.
We’ve heard from several people that management ranks would be trimmed by 15 percent.
This comes from the Dallas News website.