Navigator News (Coverage Ranks) Activities58996 Event58777 2008 Airlines Downturn 30 2008 Airlines Downturn Year 2008 29 Industry Airlines 29 Related 2007-8 Oil Crisis 9 2008 Global Recession Related People Barack Obama 2 Nicolas Sarkozy 1 John McCain 1 George W. Bush 1 Hillary Clinton 1 Roger Clemens 1 Angela Merkel 1 Charles Schumer 1 Barry Bonds 1 Events 2007-8 Global Inflation 9 2007-8 Oil Crisis 9 Global Financial Crisis 1 2005 Hurricane Katrina 1 Global Food Crisis 1 2008 U.S. Midwest Flood 1 2007 Baseball Doping Scandal 1

Delta details planned capacity cuts ATLANTA - Delta Air Lines Inc. hinted Tuesday that more job cuts could be on the way as it disclosed that it will reduce consolidated system capacity by 6 percent to 8 percent in 2009, compared to the current year.   Activities:2008 Airlines Downturn   Source:(AP)   2008-12-02 Airline profits nosedive as leaders debate finance crisis LONDON (AFP) - World leaders thrashed out ways of combatting the global financial crisis on Friday as plunging profits in the airline industry underscored fears of a protracted recession.   Nations:South Korea Australia   People:Nicolas Sarkozy Angela Merkel Barack Obama George W. Bush   Activities:2008 Airlines Downturn Global Financial Crisis   2008-11-07 Airlines say holiday bookings still strong ATLANTA - Minneapolis business manager Roque Rossetti plans to make his annual trip home to Sao Paulo, Brazil, for Christmas. The 35-year-old said the sagging economy gave him no second thoughts about shelling out $1,200 for the ticket.   Nations:U.S. Brazil Canada   Activities:2008 Airlines Downturn   Source:(AP)   2008-10-25 Southwest Airlines posts 1st loss in 17 years Southwest Airlines Co. lost money for the first time in 17 years as falling oil prices forced the company to write down the value of its fabled fuel-hedging transactions in the third quarter.   Activities:2008 Airlines Downturn   Source:(AP)   2008-10-16 Northwest, Delta Air Lines shareholders OK merger NEW YORK (AFP) - Northwest Airlines and Delta Air Lines shareholders on Thursday voted overwhelmingly for a merger of the companies to create one of the world's biggest global carriers.   Activities:2008 Airlines Downturn   2008-09-25 Headlines Delta details planned capacity cuts 2008-12-02 Airline profits nosedive as leaders debate finance crisis 2008-11-07 Airlines say holiday bookings still strong 2008-10-25 Southwest Airlines posts 1st loss in 17 years 2008-10-16 Northwest, Delta Air Lines shareholders OK merger 2008-09-25 As fares and fees rise, passengers want service 2008-09-20 Airlines to lose 5.2 bln dollars in 2008 on high fuel prices: IATA 2008-09-03 Airlines push for homegrown jet fuel 2008-08-15 Ryanair profits dive as fuel costs rocket 2008-07-28 US airlines battling stiff headwinds from high fuel prices 2008-07-23 Continental slides to 2Q loss on fuel costs 2008-07-17 Delta swings to $1B loss, still beats view 2008-07-16 Boeing sees sales driven by demand for fuel-efficient aircraft 2008-07-09 American could cut 900 flight attendant jobs 2008-07-02 Major turbulence ahead for airlines 2008-06-29 Days of oversize airline carry-ons are limited 2008-06-29 Everything seemingly is spinning out of control 2008-06-22 United Airlines to require minimum stays from Oct. 2008-06-20 Continental cuts to hit Cleveland and Houston 2008-06-15 Southwest not yet reserving seats past October 2008-06-15 US airline catastrophe looms under record oil prices: study 2008-06-13 US Airways to cut jobs, fleet; charge for 1st bag 2008-06-13 Biggest airlines raise fares by $20 roundtrip 2008-06-09 United Airlines to slash fleet, jobs as fuel prices soar 2008-06-05 US air travel options shrink amid carrier strife 2008-06-04 United to cut staff, planes as fuel rises 2008-06-04 Airline group forecasts global industry loss in 2008 2008-06-02 Some long-haul Chicago flights are first AMR cuts 2008-05-28 AMR ending JFK-Stansted service to manage costs 2008-05-28 Wasted fuel from flight delays costs billions 2008-05-22 Most-viewed Airline profits nosedive as leaders debate finance crisis 2008-11-07 Airlines say holiday bookings still strong 2008-10-25 Southwest Airlines posts 1st loss in 17 years 2008-10-16 As fares and fees rise, passengers want service 2008-09-20 Boeing sees sales driven by demand for fuel-efficient aircraft 2008-07-09 Northwest, Delta Air Lines shareholders OK merger 2008-09-25 US airlines battling stiff headwinds from high fuel prices 2008-07-23 Everything seemingly is spinning out of control 2008-06-22 US airline catastrophe looms under record oil prices: study 2008-06-13 US Airways to cut jobs, fleet; charge for 1st bag 2008-06-13 Biggest airlines raise fares by $20 roundtrip 2008-06-09 United Airlines to slash fleet, jobs as fuel prices soar 2008-06-05 United to cut staff, planes as fuel rises 2008-06-04

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