FORT WORTH, Texas - February 1, 2012 - NBC 5 has learned that Fort Worth-based American Airlines may cut between 10,000 and 15,000 jobs across the company.

It is estimated that 1,000 of those jobs to be cut will be at the company's maintenance base at Alliance Airport in north Fort Worth.

A meeting where AMR executives are expected to lay out the company's plan for moving forward began mid-morning Wednesday. The plan is expected to include layoffs, pension and pay cuts, and the possible closure of an airplane maintenance facility at Fort Worth's Alliance Airport.

Industry analysts have pointed out that over the past decade, other airlines outsourced aircraft maintenance when they went through bankruptcy proceedings.

After the company presents the plan it will begin negotiating with unions, so the final number of  jobs lost may change.

American Airlines parent company AMR filed for bankruptcy in November of last year and said Tuesday that they lost $904 million in the month of December - more than the first nine months of 2011 combined.