Delta Air Lines to Cut Jobs, Planes at Regional Subsidiary

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Delta Air Lines Inc (DAL) is cutting jobs and retiring planes at its Comair regional subsidiary.

Comair is retiring most of its 50-seat jets in 2011 and 2012, Reuters reported, citing a Comair memo to staff. The memo did not give details on how many of the subsidiary's 2,600 workers will be cut.

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"Our current cost structure -- which remains approximately 20 percent higher than our peers on a cost-per-block-hour basis -- does not enable us to be competitive in the current industry environment," Comair President John Bendoraitis said.

Comair expects its fleet to shrink by over 50% to 44 aircraft by the end of 2012.

The staff reductions will affect all departments, Reuters reported.





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