While just two weeks ago American Airlines had reported of plans to lay off 500 flight attendants, now it’s back with a new stance saying jobs would go, but there would be no layoffs.

Now, that’s interesting. While it sounds too good to be true, and quite an oxymoron, it implies that targeted employees may be phased out through alternative buffer systems enabling the company to save on the costs of severance packages and other legal liabilities. That’s because they never do it without reason, and they never have rationale that doesn’t increase profits in boardrooms. It’s quite funny how many companies go bankrupt every day leaving the directors personally richer/safer than they were before official liquidation of assets.

But, that’s only the tip of the iceberg receiving immediate cosmetic attention. American Airlines will still eliminate at least 13, 000 jobs if it can pull through its bankruptcy reorganization plan. Well plans of business organizations are pretty simple when it comes to bankruptcy. Distribute and shift the organization’s bankruptcy onto the shoulders of its employees, go for mass layoffs, and keep the corporate coffer fat and intact.

American Airlines’ spokeswoman Missy Cousino said that with large numbers of flight attendants volunteering to share jobs or take leaves, the company officials, “hope to have the appropriate staffing levels to manage the current schedule and avoid furloughing flight attendants on April 1.”

In last November, the parent of American Airlines, AMR Corp. along with the Airlines had filed for and sought bankruptcy protection. Immediate plans are to reduce operations modestly. Of course, according to expectations with the bankruptcy properly shifted, American Airlines is expected to increase flying by 20 percent at its five U.S. hubs after emerging from bankruptcy protection …when the targeted employees are gone.

The Association of Professional Flight Attendants welcomed the company moves and said layoffs would not be required as workers are literally queuing up to take voluntary leaves and to share jobs.