BAA 'to cut 2,000 airport jobs'
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Airport operator BAA is set to cut jobs with one report saying as many as 2,000 staff will be made redundant.
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Airports operator BAA is to say that last month's terror security alert cost the business at least Â£20m.
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NEW YORK -- American Express Co. Friday said it will cut 2,000 jobs, or 2.5 percent of its work force, in a restructuring designed to save more than $75 million a year before taxes.
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Ford Motor Credit, the financial arm of  Ford Motor Co.  said on Thursday it would cut 2,000 jobs  -- almost a quarter of its staff in North America -- and close  branch offices in order to cut costs.
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ROME  - Alitalia said Thursday it had reached an agreement with unions representing its ground crew staff to cut 2,500 jobs, moving a step closer to approving a crucial restructuring plan.
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Jobs may be lost at Cork and Shannon airports if plans to scale back air traffic control during off-peak hours go ahead.
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Bombardier Inc., the world&#39;s third- biggest maker of commercial airplanes, said it will reduce production of its regional jets because of weak demand and cut about 2,000 jobs.
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CHARLOTTE, N.C.  -- Bank of America Corp. said Thursday that it plans to cut about 2.5 percent of its work force, eliminating about 4,500 jobs as part of a restructuring following its acquisition of FleetBoston Financial Corp. last spring.
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Bombardier Inc. BBDb.TO plans to cut  2,200 more jobs at its train-making unit and further trim the  production rate for its 50-seat regional jet, the company said  on Wednesday as it unveiled a lower third-quarter profit.
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Delta Air Lines Inc. (NYSE: DAL) is eliminating its Dallas/Fort Worth Airport connecting hub, dropping some daily flights from the airport, and cutting between 6,000 and 7,000 jobs throughout its system over
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P&amp;O is to cut up to 1,200 jobs and slash services in a plan to salvage its loss-making ferry business, which has been hit by competition from low-cost airlines.
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Britainâs consumer affairs watchdog urged competition authorities to explore a breakup of the British airports group BAA, which runs Heathrow Airport in London, saying its dominance had led to poor service and high charges. The ruling could lead to the forced sale of some of BAAâs three London airports, which also include Gatwick and Stansted, and which handle 90 percent of air passenger traffic in southeast England. The Office of Fair Trading said it planned to refer airport ownership to the Competition Commission.
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Staff at Britain's largest airport owner, BAA, vote for a wave of strikes next month
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Dutch Bank ABN Amro NV said Thursday it will cut 2,850 jobs in dozens of countries in an effort to save euro770 million (around US$1 billion) annually from 2007.
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CHARLOTTE, NC Oct. 7, 2004 - Bank of America Corp. said Thursday that it plans to cut about 2.5 percent of its work force, eliminating about 4,500 jobs as part of a restructuring following its acquisition of FleetBoston Financial Corp.
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British Airways said Friday it has stopped taking bookings for the three-day weekend at the end of August because of a threatened strike over pay by check-in staff and baggage handlers.
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Italian airline Alitalia has agreed a deal with its ground staff, paving the way for some 2,500 job cuts and a reduction in staff benefits.