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And through actual and threatened bankruptcies, airlines managed to cut pilot pay by 30percentt or more.
[C4.] Delta Wants to Cut Pilot Pay 30% Gerald Grinstein, the chief executive of Delta Air Lines, said contract concessions from the pilots' union are inadequate and that the company is still seeking a 30percentt pay cut from the group.
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America's third-largest carrier is seeking to cut pilots' pay by 30%.
JAL's offering caps two years of intense reorganization that eliminated 21,000 jobs, or about a third of the airline's work force; cut pilots' salaries by 30 percent; slashed pensions; and retired the company's prized jumbo jets.
Home Depot Inc., the home-improvement retailer, said Tuesday that it was laying off 1,000 employees as it cuts three pilot programs and cuts some support positions.
It has also cut 200 pilot jobs, deferred orders for new jets and sold 17 of its older aircraft.
It has laid off 2,400 nonstriking employees, cut 400 pilot jobs and announced the sale of 37 of its 119 aircraft.
[C3.] AirTran Airways, the low cost airline, will cut 480 pilot and flight attendant jobs as it tries to continue while coping with record high fuel prices.
"The troops on call never know when the phone goes whether it's going to be to cut a pilot free from a light aircraft or to find a climber or walker who's fallen off a ledge".
[C2.] Delta Pilots Offer a Wage Cut The pilots union at Delta Air Lines proposed a 23percentt wage cut late, a day after the airline posted its worst results in 25 years.
While the private equity firm injected £75m when it bought Monarch, including the UK's oldest surviving airline brand, crew and pilots were forced to accept a rescue deal that included 30% pay cuts, slashing pilot pensions and 700 redundancies.
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CEO of Professional Science Editing for Scientists @ prosciediting.com