Wednesday October 28, 06:05 PM
STOCKS NEWS US-AMR to cut 700 maintenance and engineering jobs
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Real (Frankfurt: BJU.F - news) -time Equity news
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1347 ET 28Oct2009-AMR (NYSE: AMR - news) to cut 700 maintenance and engineering jobs
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AMR Corp, the parent company of American Airlines, on Wednesday
said it would eliminate up to 700 jobs as it downsizes its maintenance and
engineering (M&E) operations.
The cuts represent about 5 percent of the company's 12,700 M&E employees
systemwide.
For details, see
Shares of AMR fell 5.1 percent to $5.60.
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