Problems at Delt Airlines
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This article, "Delta Air Lines to Cut Up to 8000 More Jobs," reports that Delta Air Lines will cut 8000 more jobs this year than previously assumed due to a decline in profits reported last quarter. According to the article, this means there have been a total of 21,000 jobs cut, or approximately 25 percent of the company's workforce since the terrorist attacks on September 11, 2001. This is after posting a third-quarter loss of $326 million and announcing that it did not see any improvement in the foreseeable future ("Delta Air Lines. . .," 2002). Continental, Northwest, Southwest, and America West airlines also reported losses in their third-quarter statement. These airlines lost a combined total of $39 million, however, much
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Approximate Word count = 505
Approximate Pages = 2 (250 words per page)
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