SF Gate: America West cuts 250 white-collar jobs

[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

 



=20
----------------------------------------------------------------------
This article was sent to you by someone who found it on SF Gate.
The original article can be found on SFGate.com here:
http://www.sfgate.com/cgi-bin/article.cgi?file=3D/news/archive/2003/04/14/f=
inancial1945EDT0326.DTL

----------------------------------------------------------------------
Monday, April 14, 2003 (AP)
America West cuts 250 white-collar jobs



   (04-14) 16:45 PDT TEMPE, Ariz. (AP) --
   America West Airlines said Monday it has cut 250 jobs as part of the
company's efforts to reduce annual costs by $100 million.
   The management, professional and administrative positions cut were
primarily in the company's Tempe, Ariz., headquarters and other Phoenix
locations. Five senior level positions were included as part of the cuts.
Pilots, flight attendants and other positions were not affected.
   "The airline industry remains in an unprecedented financial crisis,
forcing airlines to continue to be creative about serving customers more
efficiently and with less overhead," chairman and chief executive Douglas
Parker said in a statement.
   America West Holdings Corp., the airline's parent company, has reported
losses for nine straight quarters.
   Last month, Parker sent a letter to employees telling them the airline w=
as
looking for $100 million in savings in payroll costs, operating expenses
and vendor fees.
   Among the executives whose positions were eliminated were Lonnie Bane,
senior vice president of human resources, and Jack Richards, president and
chief executive of the Leisure Co., the airline's vacation package unit.
   America West has about 13,000 employees. The company cut about 2,000 jobs
immediately after the Sept. 11 terrorist attacks, but most of those
employees were rehired.
   Shares of America West Holding Corp., the airline's parent, rose 27 cents
to close at $2.80 Monday on the New York Stock Exchange.

On the Net:
   America West Airlines: www.americawest.com

=20
----------------------------------------------------------------------
Copyright 2003 AP

[Index of Archives]         [NTSB]     [NASA KSC]     [Yosemite]     [Steve's Art]     [Deep Creek Hot Springs]     [NTSB]     [STB]     [Share Photos]     [Yosemite Campsites]