Wednesday, March 19, 2008

Delta announces plans to cope with increased fuel prices

Delta Air Lines on Tuesday announced a plan to cut domestic flights by 5% and eliminate 2,000 jobs. The airline said the plan is part of an effort to offset the soaring cost of jet fuel, and it hopes to achieve the job cuts through voluntary buyouts. Delta also said it will continue with plans to increase international flying, noting that higher fares cover the higher fuel costs.

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