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Delta restructuring plans include capacity, job cuts.

Publication: Business Travel News
Publication Date: 03-OCT-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Bankrupt Delta Air Lines in the next two years plans to reduce domestic mainline capacity by as much as 20 percent and eliminate as many as 9,000 systemwide jobs. The nation's third-largest carrier this month also retreated further from the spirit, if not the letter, of its Simpli-Fares commitments. These measures are part of a renewed transformation plan meant to achieve billions in annual cost savings and revenue enhancements, in addition to the previously targeted $5 billion (BTNonline, Sept. 8, 2004).

Meanwhile, Northwest Airlines plans to reduce regional flying and continues to trim international service. Like Delta, it is preparing for significant job cuts, including as many as many as 1,400 flight attendants, and also is involved in a legal dispute regarding an American Express action to withhold millions of dollars in tickets purchased with Amex credit cards (BTNonline, Sept. 28).

These developments follow the back-to-back Delta and Northwest Chapter 11...

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