atlanta - located delta air services announced planning to cut 7 , 000 to 9 , 000 jobs by the end of 2007 , approximately 17 % of its employee . executive harvey grinstein will take a 25 % pay cut . executives have their pay dropped by 15 % . other staff will have their pay reduce by 7 to 10 % . employees that generate less than $ 25 , 000 a way will not be impaired by these pay cuts . delta has previously cancelled leases on 40 more and they plan to reduce its revenue by at least 80 more . they continue to reduce domestic capacity by 15 to 20 planes and add world capacities by 25 thirds .
European Airlines are cutting jobs.