DALLAS, June 10 (Reuters) - The chief executive of American Airlines said on Tuesday the world''s largest carrier will save $200 million in labor costs in the second quarter thanks to concession deals reached a few months ago that were aimed at keeping the airline out of bankruptcy.
Arpey said he expected the labor savings to double in the third quarter and then hit $450 million by the fourth quarter.
http://biz.yahoo.com/rc/030610/airlines_american_2.html
Arpey said he expected the labor savings to double in the third quarter and then hit $450 million by the fourth quarter.
http://biz.yahoo.com/rc/030610/airlines_american_2.html
