American Airlines to cut 7000 jobs in restructuring
American Airlines announces a plan to cut 7000 positions and reduce capacity by 9 percent in a cost cutting drive after 18 months of losses. The move includes retiring the 74 jet Fokker 100s by mid 2005 and affects operations at Midland International Airport where American Eagle serves daily flights to Dallas Fort Worth.
MENTIONED IN THIS ARTICLE
Dallas
American Airlines
Donald J. Carty
Marv Esterly
Midland International Airport
American Eagle
American
Anpr
Midland International
Dallas-Fort Worth
Esterly
US Airways
LaGuardia
Queens
New York
Garage sales balance the books and downsizing fun
Odessa American notes that garage sales appeal to amateurs and experts alike as a playful form of economic activity. The piece highlights how these events balance budgets, clear clutter, and embody consumerism, capitalism, and practical downsizing in a casual, community setting.
County budget pinch prompts cuts and reserve fund fears
County commissioners struggle to trim operating costs and protect a 25 percent rainy day reserve as a $3 million shortfall grows. Sheriff’s Department and Youth Center spending have risen 20 to 25 percent, prompting debate over jail and police facility demands and next year’s funding. County Judge Caddel faces opposition from Greg Simmons over Youth Center funding.
MENTIONED IN THIS ARTICLE
Greg Simmons
Ector County Sheriff’s
Simmons
Jerry Caddel
Bush Says Economy Under Control at Baylor Forum
President Bush told attendees at Baylor University in Waco that the economy remains sound despite concerns from workers and CEOs. He described a steady hand on growth, vowed long term health, and said the administration will fund priorities with restraint while defense costs drive deficits.
MENTIONED IN THIS ARTICLE
WACO
Bush
Baylor University
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Paul Zoeller
Odessa
West County Road
Santa Rita
Cindera Nealy
St. Barnabas Episcopal Church
By Sharon Denning
RockHounds
Arkansas
County
White House