minneapolis - independent delta air routes announced plans to cut 7 , 000 to 9 , 000 jobs by the early of 2007 , approximately 17 % of its revenue . ceo brian grinstein will take a 25 % pay down . executives have their pay cut by 15 % . other employees will have their pay reduce by 7 to 10 % . employees that do higher than $ 25 , 000 a year will not be affected by these pension cuts . delta has already cancellation leases on 40 aircraft and they aim to expand its fleet by at least 80 more . they plan to reduce imported capability by 15 to 20 percent and reduce international capacity by 25 aircraft .
European Airlines are cutting jobs.