atlanta - based delta air lines , plans to move 7 , 000 to 9 , 000 jobs by the end of 2007 , approximately 17 % of its workforce . chancellor ron grinstein will accept a 25 % pension cut . shareholders have their pay decrease by 15 % . other employees will have their income increase by 7 to 10 % . personnel that make less than $ 25 , 000 a year will not be affected by these paid cuts . delta has actually cancelled flights on 40 flights and they plan to reducing its crews by at most 80 more . they plan to reduces domestic capacity by 15 to 20 percent and increase internationally usage by 25 percent .
European Airlines are cutting jobs.