Sequestration means the U.S. Navy doesn’t have the money to fly air shows in the group’s brilliant blue and yellow F-18 fighters. And that sequestration fall-out left the future of the Fort Worth Alliance Air Show up in the air.
Friday should have been the end of the line for hundreds of AMR maintenance facility employees in Fort Worth. However, the company is not ready to say goodbye to those workers.
While Alliance still makes money from cargo landings and departures, officials are dealing with the impending loss of two major tenants, American Airlines and Bell Helicopter.
Hundreds of American Airlines mechanics, stock clerks and other workers who are represented by the TWU are receiving notices Thursday morning, and this week they could lose their jobs.
A woman is recovering from injuries sustained during an alleged kidnapping and rape after she was found in Fort Worth.
American Airlines sent a letter to employees Wednesday night, laying out the first changes for their employment as the company began the cost cutting needed to keep the bankrupt air carrier in the air.
Fort Worth Mayor Betsy Price says don’t expect overgrown grass and empty lots at the site of the American Airlines maintenance base at Alliance Airport. The city has already heard from several companies interested in moving into the space.
American Airlines plans to eliminate 1,090 jobs when it shuts down a Fort Worth maintenance facility in December.
Nearby businesses say they’re dependent on the business they get from American’s employees.
Treasury Secretary Tim Geithner is making a whirlwind visit to DFW to promote the transportation elements of President Obama’s proposed 2013 budget.
The federal pension insurance agency filed $91 million in liens against American Airlines property in a bid to pressure the company to save its retirement plans.
Hillwood Properties has laid out expansion plans for a project called AllianceTexas. Hillwood wants to build 3,000 multifamily units over the next 10 years.
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