atlanta - based delta air lines also plans to do 7 , 000 to 9 , 000 jobs by the end of 2007 , essentially 17 % of its employees . ceo gerald grinstein will get a 25 % pay down . officials have their wages cut by 15 % . other employees will have their pay reduced by 7 to 10 % . operators that make less than $ 25 , 000 a night will not be affected by these pay cuts . delta has officially cancelled leases on 40 aircraft and they planned to reduce its fleet by at least 80 more . they plan to reduce domestic capacity by 15 to 20 percent and increase international capacities by 25 percent .
European Airlines are cutting jobs.