OTHER NEWS - Sept. 2, 1993
From Times Staff and Wire Reports
American, Delta Expect Further Cost Cutting: The two airlines pledged to keep trimming costs in order to help speed recovery in the battered industry. First-ranked American Airlines, a subsidiary of Ft. Worth-based AMR Corp., said it may be forced to lay off managers and support staff this year due to poor earnings. The specific number of cuts will not be determined for another few weeks. AMR said the number of jobs to be eliminated will be “substantial” but probably will not exceed last year’s 665 job cuts. Third-ranked Delta Air Lines Inc. said it is considering consolidating in Europe. “We’re making tough decisions with our transatlantic operations,” Chief Executive Ronald Allen told reporters.
