atlanta - based delta air lines announced plans to cut 7 , 000 to 9 , 000 jobs by the middle of 2007 , approximately 17 % of its employment . ceo al grinstein will taken a 25 % pay decrease . administrators have their wage cut by 15 % . other employees will have their pay reduced by 7 to 10 % . employees that make bigger than $ 25 , 000 a month will not be affected by these pay cuts . delta has already cancelled operations on 40 aircraft and they planning to reduce its personnel by at least 80 more . they are to cut domestic capacity by 15 to 20 percent and enhance international production by 25 percent .
European Airlines are cutting jobs.