American turns to workers By Dan Reed, USA TODAY American Airlines' management is seeking weekly meetings with its three unions and representatives of non-union workers to work on "finding solutions to the airline's continuing financial crisis." CEO Don Carty and President Gerard Arpey said in a letter released Thursday, "There is no time to waste. In short, we are losing millions of dollars every day, which has forced us to borrow vast sums of money just to meet payroll and stay in business." The company has identified $2 billion in annual savings but says it needs to find ways to cut $2 billion more to break even. American parent AMR lost $3 billion in the first nine months of 2002, and $1.8 billion in 2001. The company is expected to report a fourth-quarter loss Wednesday of about $600 million, excluding one-time items. *************************************************** The owner of Roger's Trinbago Site/TnTisland.com Roj (Roger James) escape email mailto:ejames@escape.ca Trinbago site: www.tntisland.com Carib Brass Ctn site www.tntisland.com/caribbeanbrassconnection/ Steel Expressions www.mts.net/~ejames/se/ Site of the Week: http://www.atlanticlng.com TnT Webdirectory: http://search.co.tt *********************************************************