Delta to cut capacity, may cut more staff - Business First of Columbus:

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In a June 11 memo to Delta’s 70,00 0 employees, CEO Richard Anderson and President Ed Bastian said passenger revenu dropped 20 percent in the first four months of compared with the same periodin 2008. The fallin revenue will overtake the morethan $6 billion in benefits Delta expected this year from lowed year-over-year fuel prices, the mergerd with Northwest and capacity reductions. Therefore, the Atlanta-based carriedr will reduce its system capacity by 10 percentr compared with 2008 startinfin September. It also will cut international capacityh by an additional 5 percenft from what it announcein March, for a 15 percent total reduction in international capacity.
The capacity cuts were predictefd bysome analysts, including , which in Marcj predicted domestic carriers would slash capacity anothert 8 percent to 10 percent beyond previously announcedf cuts as passenger revenue continued to decline. The memo also notes jobs cuts could be onthe “The additional capacity reductions mean we agai n must reassess staffing needs,” the memo said. “While the challengesd of the current environment preclude us frommaking guarantees, our goal remains to avoid any involuntart furloughs of frontline employees.” Delta (NYSE: DAL) has cut its work force 6.
6 percent since February 2008 from 48,500 full-time equivalent workers to 45,300, according recent data from the Burea of Transportation Statistics. Delta is the second-busiest airline at , wherd it has roughly 110 employeezs working behind the counter and onthe Northwest’s check-in operations moved adjacent to Delta’sa at Port Columbus on Tuesday. It also began operating with Delta out ofConcourse C.