Everyone BOHICA....

On Tuesday, December 2 at an investment conference in New York, Delta will announce plans to decrease systemwide capacity, for both Delta and Northwest, during 2009. This action comes as a result of the global economic recession and weaker demand for air travel, according to Delta.

"Systemwide 2009 capacity will be down 6-8% year over year," according to a memo to employees from Richard Anderson and Ed Bastian. "Domestic capacity will be down 8-10% and international capacity will be down approximately 3-5%."

In the memo, Delta acknowledges that additional staffing adjustments will be necessary but did not provide additional detail. The memo does not mention specific impacts on the regional carriers or Comair.

Taken from the frontpage of Epic.