Earlier this month, we blogged about the rising costs of air travel. Today, American Airlines announced the enforcement of new charges, the cutting of domestic flights and the possible layoff of thousands of workers. According to this Associated Press article, American Airlines will start charging $15 for the first checked bag starting June 15. In addition, the airline plans to raise other fees for services such as reservation help and oversized bags.

The fee-hike won't apply to elite members of frequent flyer programs, those who purchased full-fare tickets and those traveling overseas.

American Airlines chairman and CEO Gerard J. Arpey said the new fees should raise several hundred million dollars for the airline. According to Arpey, the changes are being made to adapt to "the current reality of slow economic growth and high oil prices."