Since the filing of bankruptcy by American Airlines, the airline company has been in the restructuring process. An announcement based on that reorganization came on Wednesday when executives at the company said they would be laying off approximately 13,000 employees.

Employees of the airline are anxiously awaiting the news if they are to be released from the company. The company has roughly 88,000 employees throughout the country. The layoffs will include pilots, management personnel, mechanics, and also flight attendants.

American Airlines filed for bankruptcy in November 2011, claiming that they had accumulated roughly $11 billion in debt since the 2001 fiscal year.

Please contact the Houston bankruptcy lawyers of the Law Offices of Russell Van Beustring, P.C. by calling 713-973-6650 if you or someone you know is in need of expert advice in regards to bankruptcy.