American Air wants slowdown in JFK airport plan

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American Air wants slowdown in JFK airport plan  =

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Wednesday April 9, 4:30 PM EDT =


NEW YORK, April 9 (Reuters) - Teetering on the brink of bankruptcy, Ameri=
can Airlines, the world's largest air carrier, is discussing the possibil=
ity of slowing construction of a new $1.3 billion terminal at John F. Ken=
nedy International Airport, a spokesman for the airline said on Wednesday=
=2E

The threat of bankruptcy still looms heavy for American, a unit of AMR Co=
rp. (AMR), currently in talks with union leaders who are asking to shorte=
n the duration of wage concession deals struck last week.

The airline is in discussions with the Port Authority of New York and New=
 Jersey, the airport operators, to defer construction on the eastern phas=
e of the project as part of an effort to conserve cash, said Al Becker, a=
 spokesman for the airline.

"This is only one of many steps American is taking as part of a wide-rang=
ing program to reduce its overall costs by about $4 billion a year," he s=
aid.

American will still continue work on the central phase of the project, Be=
cker said, including a new Concourse C, expected to be completed by the f=
irst quarter of 2005.

A spokesman for the Port Authority was not immediately available for comm=
ent. =



=A92003 Reuters Limited. =


Roger
EWROPS

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