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AMERICAN TO CUT MORE JOBS

American Airlines, struggling to compete with lower-overhead carriers, will cut more jobs to reduce costs, chief executive Gerard Arpey said Wednesday.

The company had already disclosed that it would lay off up to 650 mechanics and 450 pilots, as CEO Gerard Arpey reminded investors during a meeting in Fort Worth.

"We will see more cuts across the board, all workers, in the months ahead," Arpey added.

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