atlanta - based capital air lines announced plans to cut 7 , 000 to 9 , 000 staff by the summer of 2007 , approximately 17 % of its operations . ceo gerald grinstein will see a 25 % paying raise . executives have their salaries cut by 15 % . other employees will have their pay reduced by 7 to 10 % . operators that work less than $ 25 , 000 a year will not be benefited by these pay cuts . delta has actually completed leases on 40 aircraft and they expected to reduce its staff by at least 80 more . they plan to reduce domestic capacity by 15 to 20 percent and increase international capacity by 25 percent .
European Airlines are cutting jobs.