Reply #15: DELTA TO CUT UP TO 9,000 JOBS BY END OF 2007

[UpInArms]

8:29am 09/22/05 DELTA: PLANE CUTS SPEED MOVE TO SIMPLIFY FLEET

8:28am 09/22/05 DELTA REJECTS LEASES ON 40 PLANES, WILL CUT ANOTHER 80

8:27am 09/22/05 DELTA: 9,000 CUTS EQUAL A 17% OVERALL STAFF REDUCTION

8:26am 09/22/05 DELTA $930M SAVINGS: $325M FROM PILOTS, $605M NON-PILOTS

8:26am 09/22/05 DELTA EMPLOYS 52,000 PEOPLE

8:24am 09/22/05 DELTA SEEKS $930M SAVINGS FROM 3 EMPLOYEE AREAS

8:25am 09/22/05 DELTA $930M SAVINGS IN JOB, OVERHEAD CUTS; MORE PRODUCTIVITY

8:22am 09/22/05 DELTA STAFF-PAY CUTS EXCLUDE THOSE EARNING $25K OR LESS

8:23am 09/22/05 DELTA TO ENHANCE PROFIT SHARING FOR ALL EMPLOYEES

8:21am 09/22/05 DELTA TO CUT PAY AT ALL LEVELS OF MANAGEMENT

8:22am 09/22/05 DELTA TO CUT CEO GRINSTEIN PAY BY 25%

8:22am 09/22/05 DELTA TO REDUCE PAY SCALES 7%-10% FOR MOST LINE STAFF

8:20am 09/22/05 DELTA AIR SEEKS $3 BILLION ADDITIONAL SAVINGS BY END '07

8:21am 09/22/05 DELTA TO CUT 7,000-9,000 JOBS BY END OF 2007