MEM DAL hub
12-02-2008, 04:42 AM
#1
Slainge Var'
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Joined APC: Oct 2006
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MEM DAL hub
Things will get real interesting if there is a significant reduction in flights out of MEM. Maybe those IND domicile rumors will bear fruit. 8-10 % domestic capacity cut? Ouch!
Delta details planned capacity cuts
By HARRY R. WEBER
, AP
posted: 2 MINUTES AGO
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ATLANTA -Delta Air Lines Inc. hinted Tuesday that more job cuts could be on the way as it disclosed that it will reduce consolidated system capacity by 6 percent to 8 percent in 2009, compared to the current year.
The Atlanta-based carrier's president, Ed Bastian, spoke to investors during a conference in New York.
In a regulatory filing ahead of the speech, the world's biggest carrier said domestic capacity in 2009 will be reduced 8 percent to 10 percent compared to 2008, while international capacity will be reduced 3 percent to 5 percent next year compared to this year.
The news comes as a global financial crisis hits airlines hard by reducing demand for seats.
"Once again, Delta must take the necessary steps to adjust our business accordingly and make certain seat capacity meets customer demand," Bastian and Chief Executive Richard Anderson said in a memo to employees. "These economic hurdles are difficult, and we remain committed to building our company on a durable financial foundation with industry-leading liquidity. Remember that speed wins so we will be decisive and not delay."
The memo also said that Delta is analyzing the impact on staffing as it pertains to the planned further capacity reductions and "as in the past, we will offer voluntary programs to adjust staffing needs." The memo did not elaborate.
"We are taking these actions to secure your careers and return us to sustained profitability," the two executives said.
In connection with capacity reductions put in place earlier this year, Delta said it would cut roughly 4,000 jobs.
Delta acquired Northwest Airlines Corp. on Oct. 29. It is in the process of integrating the two carriers' operations.
Delta details planned capacity cuts
By HARRY R. WEBER
, AP
posted: 2 MINUTES AGO
comments: 0
Text SizeAAA
switchFont(1,"smallText");
ATLANTA -Delta Air Lines Inc. hinted Tuesday that more job cuts could be on the way as it disclosed that it will reduce consolidated system capacity by 6 percent to 8 percent in 2009, compared to the current year.
The Atlanta-based carrier's president, Ed Bastian, spoke to investors during a conference in New York.
In a regulatory filing ahead of the speech, the world's biggest carrier said domestic capacity in 2009 will be reduced 8 percent to 10 percent compared to 2008, while international capacity will be reduced 3 percent to 5 percent next year compared to this year.
The news comes as a global financial crisis hits airlines hard by reducing demand for seats.
"Once again, Delta must take the necessary steps to adjust our business accordingly and make certain seat capacity meets customer demand," Bastian and Chief Executive Richard Anderson said in a memo to employees. "These economic hurdles are difficult, and we remain committed to building our company on a durable financial foundation with industry-leading liquidity. Remember that speed wins so we will be decisive and not delay."
The memo also said that Delta is analyzing the impact on staffing as it pertains to the planned further capacity reductions and "as in the past, we will offer voluntary programs to adjust staffing needs." The memo did not elaborate.
"We are taking these actions to secure your careers and return us to sustained profitability," the two executives said.
In connection with capacity reductions put in place earlier this year, Delta said it would cut roughly 4,000 jobs.
Delta acquired Northwest Airlines Corp. on Oct. 29. It is in the process of integrating the two carriers' operations.
12-02-2008, 05:46 PM
#5
Living the dream!
Joined APC: May 2006
Position: MD-11 Capt
Posts: 915
Originally Posted by AerisArmis
Things will get real interesting if there is a significant reduction in flights out of MEM. Maybe those IND domicile rumors will bear fruit. 8-10 % domestic capacity cut? Ouch!
Nice new Avtar, sitting reserve does bear some fruit.
12-02-2008, 06:20 PM
#6
New Hire
Joined APC: Sep 2007
Posts: 7
As much as I'd like to continue the rumor of an Indy domicile. Rumor has it from Senior management that Indy will be shutting down it's friday night sort starting in February due to reduced volume. All flights originally scheduled through Indy will be sent to Memphis.
12-02-2008, 06:33 PM
#7
Underboob King
Joined APC: May 2005
Position: Guppy Commander
Posts: 4,412
So far it looks like CVG is getting most of the reductions. No real reductions have appeared for MEM. In fact we are adding 3 new routes, well initially they will be on RJs but new routes none the less. MEM-LBB, MEM-MFE, and JFK-MEM fwiw
carry on and thanks for the rides to work guys.
carry on and thanks for the rides to work guys.
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