American Airlines is a major airline in the United States, headquartered in Fort Worth, Texas. It was founded in 1930 and began operating in 1934 as American Airways. It has operated numerous domestic and international scheduled flights to Europe, Asia, the Caribbean, South America and North America. This airline has five main network centers located at airports in key cities. These include Miami, New York City, Los Angeles, Chicago and its main base Dallas. The company's current CEO is Doug Parker, the president is Tom Horton, and the president is Scott Kirby. In recent years, American Airlines has faced a decline in its profits that has caused serious damage to the company. employees. This decision had a heavy impact on the airline's maintenance operations staff, as their work would be outsourced overseas. The plan was to cut 4,600 mechanical systems across the United States, including completely closing its heavy maintenance facility at Alliance Airport in Fort Worth. Larry Pike, president of the local transportation workers union, announced in an interview with NBC 5 that the jobs at Alliance Airport in Fort Worth will be outsourced to a Hong Kong aircraft maintenance company called Haeco. Said Nick Soldevere, an aircraft maintenance crew from Fort Worth "We take pride in our maintenance work," but the pride has turned to fear because most of the people who work for the maintenance department will lose their jobs as the company plans to outsource to Hong Kong. “Right now, the level of concern is very high.” In 2012, the decision to... halfway through the document... occurred on April 11, 2014, from the CBS local site: http://dfw.cbslocal.com/2012/02/03/american-airlines- plans-to-outsource-some-jobs/Genevieve Brown, (October 2, 2012). American Airlines: Problem History [online]. Retrieved April 11, 2014, from ABC news site: http://abcnews.go.com/blogs/lifestyle/2012/10/american-airlines-timeline-of-troubles/“AMR Corporation Reports Net Loss in Second Quarter 2011 of $286 million, announces historic aircraft deal and Eagle divestment plan.” (N/A). Retrieved April 11, 2014, from http://www.aa.com/i18n/amrcorp/newsroom/fp_2q2011_financials.jsp?v_locale=en_US&v_mobileUAFlag=AA“American Airlines Reorganization Costs Drive Third-Quarter 2012 Loss But Momentum of revenues increases." (2012). Retrieved April 11, 2014, from http://centreforaviation.com/analysis/financials/american-airlines-reorganisation-costs-drive-3q2012-loss-but-revenue-momentum-increases-85637