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.
"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.