Delta to slash up to 7,000 jobs
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Delta Air Lines unveiled changes yesterday that will remake its business, but officials warned that soaring costs still could land the nation&#39;s third-largest carrier carrier in bankruptcy court.
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A Delta Air Lines jet taxies to the gate at Hartsfield Jackson Atlanta International Airport on Oct. 27 in Atlanta. On Friday, the airline released new details on the up to 6,900 jobs it plans to cut starting Jan. 1.
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Delta Air Lines Inc. , the No. 3 U.S. carrier, said on Sunday it will cut 2,000 aircraft-maintenance jobs, up to 3,100 customer-service jobs, and between 1,600 and 1,800 supervisory and administrative personnel as part of a previously announced plan to cut total staffing by 7,000.
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Delta Air Lines Inc., the No. 3 U.S.  carrier which has been restructuring in efforts to avoid a  bankruptcy filing, is expected to slash fares and remove  restrictive rules such as Saturday-night stays, Time magazine  reported in its online edition on Sunday.
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Delta Air Lines said Wednesday that it would cut 6,000 to 7,000 jobs over the next 18 months as part of a sweeping restructuring plan that the airline said would save $5 billion a year in costs by 2006.
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ATLANTA -- Struggling Delta Air Lines Inc. plans additional job cuts as part of its effort to avoid bankruptcy, chief executive Gerald Grinstein said yesterday in a memo to employees.
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Delta Air Lines Inc., the number three  U.S. carrier, plans more job cuts as it struggles to avoid  bankruptcy, Chief Executive Gerald Grinstein said in a memo to  employees on Wednesday.
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Capital One says it expects to cut 2,000 jobs - about 7% of its workforce - as it battles rising competition.
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US telecoms giant AT& T has announced that it plans to cut its workforce by 20% this year, axing a further 7,000 jobs.
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At least 100 Delta Air Lines pilots are expected to retire effective Wednesday, the start date for a 32.5 percent pay cut agreed to in a $1 billion concessions package to help save the nation's third largest air carrier from bankruptcy.
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Delta Air Lines&#39; chief executive yesterday said he is declining his six-figure salary for the rest of the year as the airline cuts by 10 percent the pay
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DELTA Air Lines yesterday announced a massive restructuring plan that would cut 6000 to 7000 jobs and slash more costs, but nonetheless warned that bankruptcy remained &quot;a real possibility&quot;.
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Delta Air Lines said it would eliminate up to 7,000 jobs and US Airways said it would start charging passengers to make reservations by telephone or at an airport ticket counter.
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In an effort to avoid bankruptcy Delta Air Lines Inc. announced that it is eliminating  7,000 jobs, closing its Texas hub and seeking wage concessions from its pilots.
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US Airways&#39; 5,600 gate, ticket and reservation agents approved a new seven-year contract yesterday that will lower their wages by an average of 12.9
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The friendly skies aren&#39;t so friendly to some Delta employees. The airline plans to cut 7,000 jobs in the next 18 months. It&#39;s trying to save $5 billion by 2006, and that means some major changes.
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Delta Air Lines pilots have agreed to slash their salaries by nearly a third and forgo pay raises for five years to help the struggling airline avoid bankruptcy, their union announced Thursday.