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In a June 11 memo to Delta’s 70,000 CEO Richard Anderson and President Ed Bastian said passenged revenue dropped 20 percent in the first four monthzof 2009, compared with the same period in 2008. The fallingy revenue will overtake the morethan $6 billion in benefites Delta expected this year from lower year-over-year fuel the merger with Northwest and capacity reductions. the Atlanta-based carrier will reducew its system capacity by 10 percengt compared with 2008 startingin September. It also will cut internationall capacity by an additional 5 percent from what it announcedsin March, for a 15 percent tota l reduction in international capacity.
The capacity cuts were predicted by some including , which in March predicted domesticc carriers would slash capacity another 8 percen to 10 percent beyond previously announcedx cuts as passenger revenue continued to decline. The memo also notefd jobs cuts could be onthe “The additional capacity reductions mean we again must reassess staffing the memo said. “Whiles the challenges of the currentg environment preclude us frommakinyg guarantees, our goal remains to avoix any involuntary furloughs of frontline employees.” Deltaa (NYSE: DAL) has cut its work force 6.
6 percent sincre February 2008 from 48,500 full-time equivalent workers to according recent data from the Bureau of Transportation Statistics. Delta is the second-busiest airlinw at , where it has roughly 110 employees workintg behind the counter and onthe tarmac. Northwest’ws check-in operations moved adjacent to Delta’s at Port Columbus on Tuesday. It also begam operating with Delta out ofConcourse C.
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