BBC NEWS
BBCi CATEGORIES   TV   RADIO   COMMUNICATE   WHERE I LIVE   INDEX    SEARCH 

BBC News UK Edition
 You are in: Business  
News Front Page
World
UK
England
N Ireland
Scotland
Wales
Politics
Business
Market Data
Your Money
E-Commerce
Economy
Companies
Fact Files
Entertainment
Science/Nature
Technology
Health
Education
-------------
Talking Point
-------------
Country Profiles
In Depth
-------------
Programmes
-------------
BBC Sport
BBC Weather
CBBC News
SERVICES
-------------
EDITIONS
Friday, 27 September, 2002, 20:20 GMT 21:20 UK
Delta warns on earnings and cuts jobs
News in brief
Delta Air Lines, the third-biggest US carrier, has said it is to cut 1,500 flight attendant jobs and warned of deeper-than-expected third quarter losses.

"The industry has been in a slump, and there are few signs of improvement," said Delta spokeswoman Peggy Estes.

Airlines have been struggling since the 11 September terror attacks in the US last year.

US Airlines has already filed for bankruptcy and the United Airlines has warned that it may have to follow suit unless it is able to make deep cost cuts.

Delta said it expected to post a third quarter loss of about $225m (£145m) before one-off items. Analysts had been expecting a loss of about $193m.

The airline said it hoped to achieve the staff reductions through voluntary redundancy.

See also:

26 Sep 02 | Business
16 Sep 02 | Business
16 Apr 02 | Business
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Business stories are at the foot of the page.


E-mail this story to a friend

Links to more Business stories

© BBC ^^ Back to top

News Front Page | World | UK | England | N Ireland | Scotland | Wales |
Politics | Business | Entertainment | Science/Nature | Technology |
Health | Education | Talking Point | Country Profiles | In Depth |
Programmes