American Employees Asked to Forgo Raises

American Airlines asked employees to forgo pay raises next year to help the company stem massive losses.

American, whose parent company AMR Corp. lost nearly $3 billion in the first nine months of this year, said canceling pay raises would save $130 million.

American’s flight attendants are scheduled to get a 3% raise Jan. 1 and additional raises in July. Mechanics and others represented by the Transport Workers Union are due to get a 3% increase March 1.

Nonunion airport and reservations agents are scheduled for an average 90-cent hourly wage increase next year, the company said. Pilots are not due for an increase.