American Airlines Cut 8.4 Percent of Jobs in June, Leading U.S. Airlines in Trims
Mainline airlines have been trimming their fuel-inefficient regional flights because of a fuel-price spike, and the led to a 4.4% reduction in jobs at regional airlines in June.
Airline employment has dropped from last summer because of job cuts at American Airlines and regional carriers that use smaller planes.
The U.S. Department of Transportation says that airlines employed the equivalent of 381,441 workers in June, down 2.4 percent from the same month last year. It’s the 10th straight month of declines.
The DOT says American is cutting jobs by 8.4 percent compared with a year ago as it goes through bankruptcy. It’s trying to merge with US Airways.
Regional airlines have cut jobs by 4.4 percent from last year. The department says that’s because the big airlines have responded to higher fuel costs by cutting regional flights that use less-efficient small planes.
To calculate airline employment, the Transportation Department counts two part-time jobs as one full-time position.
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Network Airline Full-time Equivalent Employees*, June 2009-2013
(Full-time Equivalents for June of each year. Ranked by June 2013 FTEs)
Source: Bureau of Transportation Statistics
* Full-time Equivalent Employee (FTE) calculations count two part-time employees as one full-time employee.