American Airlines Freezes Hiring

By: Associated Press

Updated: Sun 8:00 AM, Apr 06, 2008

DALLAS -- American Airlines is putting away the 'hiring' sign.

The nation's biggest airline says it's freezing hiring for management and support jobs because of the high cost of jet fuel.

American Airlines spokesman Andy Backover says the airline will honor job offers issued before April but would indefinitely postpone additional hiring.

American expects to spend $9.3 billion on fuel this year - that's 39% more than last year.

American's hiring freeze is the latest sign of trouble in the airline industry. Two airlines shut down this week and filed for bankruptcy protection, and a third said it would stop flying at the end of next month.

Reality TV's New Stars: Small Businesses

We ask that the following Community Standards be followed:

Comments must not be profane or vulgar.

Comments must not use hate speech, racial slurs, or violent descriptions.

We encourage varying views to be shared. We do ask commenters to not personally attack other readers, groups, people featured in our stories, or other posters for disagreeing with their views.

Comments must not contain negative, comparative debates between community standards of cities or towns.

Comments must contribute to the discussion, flaming and/or trolling will not be tolerated.

Comments must be truthful and not intentionally falsified. Providing a source link is encouraged.

If you find that a comment violates the above rules, please use the flagging option located to the right of the comment to notify the moderators.
For a complete list of guidelines, please follow this link:
http://www.kbtx.com/home/misc/Online-Commenting-Policy-181579421.html

American Airlines Freezes Hiring

Money Headlines By CBS