American Airlines plans to shrink management and support staff roles by 30 per cent in response to the Corona crisis according to an internal memo sent to staffers on Wednesday detailing the job losses. American told affected employees that despite a multi-billion dollar federal assistance programme, the airline would be forced to reduce its cost structure in the medium and longterm in order to weather the COVID-19 pandemic.
Like many airlines, the Dallas Fort Worth-based carrier said that meant cutting its most significant expense – “the cost of compensation and benefits”. The letter grimly warned staffers: “…we must plan for operating a smaller airline for the foreseeable future”.
Despite talk of a small recovery being witnessed in the aviation industry, passenger numbers are still way