atlanta - based delta aero lines announced plans to eliminate 7 , 000 to 9 , 000 jobs by the winter of 2007 , approximately 17 % of its personnel . ceo gerald grinstein will see a 25 % payroll down . officers have their salary cut by 15 % . other employees will have their pay reduced by 7 to 10 % . employees that make faster than $ 25 , 000 a day will not be affected by these pay cuts . company has actually cancelled leases on 40 aircraft and they hope to raise its fleet by at least 80 more . they plan to reduce international capacity by 15 to 20 percent and increase international capacity by 25 percent .
European Airlines are cutting jobs.