Star Alliance

American Airlines has announced plans to eliminate 921 flight attendant positions, six percent of the company’s in-flight service staff. For a closer look at the state of the nation’s airlines, The Takeaway speaks with USA Today reporter Charisse Jones.

Airlines are starting to release their quarterly earnings reports. While Southwest and United eked out a small profit, Continental announced a slight loss. USA Today reporter Charisse Jones joins The Takeaway to talk about the state of airline industry.

For insight into how the airline industry is coping with economic free-fall, The Takeaway is joined by Dan Michaels, European aviation editor for The Wall Street Journal.

Toulouse, France is home to the world’s largest airplane manufacturer, Airbus. The World’s Gerry Hadden reports that the city of Toulouse is particularly worried about the banking credit crunch… because credit is what keeps airplanes flying.