Delta to axe up to 7,000 jobs
Giant US carrier Delta Air Lines is reportedly planning to make as many as 7,000 of its workers redundant over the nest 18 months, in a desperate effort to keep the airline afloat.
The carrier, which has admitted that bankruptcy is a “real possibility”, is also to overhaul its route structure including dropping Dallas/Forth Worth as a hub airport and developing Cincinnati, Salt Lake City and Atlanta.
The carrier’s chief executive officer Gerald Grinstein has described the overhaul as a “comprehensive, 360-degree plan that reinvents Delta”.
Mr Grinstein said the restructuring has been brought about by “low yields, high fuel prices, uncompetitive labour costs, and its high debt burden, coupled with a possible operational disruption from anticipated pilot early retirements”.
While admitting bankruptcy was possible, he added: “We are working hard and fast to avoid it but if the pilot early retirement issue is not resolved before the end of the month, or if all the pieces don’t come together in the near term, we will have to restructure through the courts.”
Report by Tim Gillett, News From Abroad Ltd
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
TAP Air Portugal to operate 29 flights due to strike on December 11
Qatar Airways offers flexible payment options for European travellers
Airlines suspend Madagascar services following unrest and army revolt
Strike action set to cause travel chaos at Brussels airports
Digital Travel Reporter of the Mirror totally seduced by HotelPlanner AI Travel Agent