US carrier Delta Air Lines cuts jobs, sells planes

Wednesday, September 7, 2005

The United States' third-largest airline operator, Delta Air Lines, will cut 1,000 jobs due to a planned service reduction at their Cincinnati hub. The carrier also announced they will sell 11 of their Boeing 767-200 planes to an air-cargo company, ABX Air Inc., since they are the least fuel-efficient aircraft in the fleet.

Cincinnati/Northern Kentucky International Airport lost 9 destinations, but the carrier said there would be no inconvenience to passengers. Delta will fly to 20 new "business destinations" from Atlanta and Salt Lake City, instead. Also 41 international connections are to be maintained or expanded.

The changes took place due to the difficult financial situation of the company, which suffered $10 billion in losses since 2001, and warned that they would file for bankruptcy if unsuccessful in lowering costs.

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Sources

Christian Plumb. "Delta to sell planes, cut jobs as bankruptcy looms" — Reuters, September 7, 2005

Associated Press. "Delta Reducing Its Capacity in Cincinnati" — MSN, September 7, 2005

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