ATLANTA — Delta Air Lines will announce job cuts and a reduction in its winter flight schedule Wednesday, The Atlanta Journal-Constitution reported in Tuesday's editions.
The Atlanta-based airline, which has 82,000 employees, plans to cut costs with furloughs, voluntary leaves and early retirement incentives. Delta and Southwest Airlines are the only two major airlines that have yet to announce layoffs.
"These are going to be life changes for employees that have always been loyal to Delta," Marilyn Bowden, a 20-year Delta flight attendant, told the paper.
Delta is the largest employer in metro Atlanta, with 32,000 people, and has sizable worker bases at its other hubs — Cincinnati, Dallas-Fort Worth and Salt Lake City. The airline also has extensive operations in Orlando, Fla., New York and Los Angeles.
Company spokesman Tom Donahue said Delta has lost about $1 billion since terrorist attacks two weeks ago in New York, Pennsylvania and Washington. The airline will get about $600 million from the cash relief approved by Congress last week, Donahue said.
"The direct aid granted by the government helps Delta meet its immediate financial obligations, but with passenger demand forecast to remain depressed for at least a year, the need to reduce costs remains a financial imperative," Donahue said.