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Delta Offers Severance Packages

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JettBoii

Well-known member
Joined
Dec 22, 2005
Posts
752
Delta to offer severance to 30,000
15 minutes ago


Delta Air Lines says it will offer voluntary severance payouts to roughly 30,000 employees — more than half its workforce — and cut domestic capacity by an extra 5 percent this year as part of an overhaul of its business plan to deal with soaring fuel prices.
Executives at Atlanta-based Delta said in a memo to employees Tuesday that the airline's goal is to cut 2,000 frontline, administrative and management jobs through the voluntary program, attrition and other initiatives.
A spokeswoman says that if more than that amount agree to take the voluntary severance, that will be allowed. The severance program primarily affects mainline Delta employees.
Delta had 55,044 total full-time equivalent employees as of the end of last year.
 
JPMorgan reporting 10-15 mainline aircraft cuts and 25 RJ's.

Which DCI will give up more aircraft this time?


"These reductions will be achieved partly by taking 15 to 20 mainline aircraft and 20 to 25 regional jets temporarily out of service.


International business will grow and domestic capacity cuts will come out of point-to-point flying. No reductions will be seen in competitive markets,...
 
Just raise prices already! Why make the employees suffer for cost increases?

Won't help anymore if we continue down the recession path. People are spending less on things that arent priority to them or their families...like vacationing and traveling for example. So if you hike the prices way up to cover fuel cost then people just wont fly.
 
yeah sure. Maybe not four or five times a year.
Fact is most of the passenger traffic is not leisure.
 
Cuts are not temporary, aircraft are going to be sold to improve liquidity.
 

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