Posted on 10/28/2009 6:23:58 PM PDT by Jet Jaguar
US Airways Group and American Airlines said Wednesday they will continue to downsize their operations next year in the wake of falling air-traffic demand.
In a statement, US Airways (LCC 3.13, -0.01, -0.32%) said will realign its business and reduce departures from Las Vegas and Philadelphia, and close stations in Colorado Springs, Colo., and Wichita, Kan. In turn, it will focus on its core strengths in Charlotte, N.C.; Philadelphia, Phoenix, and Washington's National Airport.
By the end of 2010, the Tempe, Ariz.-based carrier said those four cities will represent about 99% of its capacity, compared to 93% today.
"These centers have consistently been profitable since the merger [with America West] and that money has been making up for losses elsewhere in the network," said Andrew Nocella, senior vice president of marketing and planning.
Resulting from the realignment will be layoffs for as many as 1,000 workers, or about 3% of its personnel, in the first half of 2010. The reductions include about 600 airport-passenger and ramp-service jobs, about 200 pilot spots and about 150 flight-attendant positions.
(Excerpt) Read more at marketwatch.com ...
The Obamaconomy is booming.
I’m so glad Obama has fixed the economy. /sarcasm
Atlas shrugging. Flying sucks because the TSA treats Americans like serfs while muslim iman’s get free money from lawsuits.
No big deal... just more hope and change.
Obama Akbar....
Worst economy since Herbert Hoover.
Between US Air, Northwest and United the 3 Stooges of the commercial airline industry!
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