American Airlines announces cuts

SLP2002081306 - ST. LOUIS, Aug. 13 (UPI) -- An American Airlines plane departs at Lambert-St. Louis International Airport in St. Louis on Aug. 13, 2002. The world's largest air carrier announced a plan to cut 7,000 jobs in an attempt to compete with lost-cost airlines. The cost-cutting steps would save the air carrier $1.1 billion a year. rlw/bg/Bill Greenblatt UPI