dallas - derived delta air lines announced intention to cut 7 , 000 to 9 , 000 jobs by the end of 2007 , approximately 17 % of its employees . owner gerald grinstein will takes a 25 % pay break . executives have their compensation cut by 15 % . other employees will have their productivity increased by 7 to 10 % . companies that make less than $ 25 , 000 a job will not be affected by these paid grades . national has already cancelled loans on 40 routes and they aim to reduce its employees by at least 80 more . they will to reduce domestic capacity by 15 to 20 percent and increase international capacity by 25 percent .
European Airlines are cutting jobs.