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Without deep cost cuts it reckons this figure will fall to 4% by 2019.
First, United's fortunes have begun to turn around after deep cost and capacity cuts.
But Mr. Lakefield said the airline could not make those changes without deep cost cuts.
But the failure to subject these terms to critique comes at a deep cost to our own projects – intellectual and political.
Gannett's rapacity has been driving deep cost cutting at the expense of Newsquest's core asset, local journalists producing quality local journalism for their readers.
Even with deep cost cuts, debt restructuring and union concessions, a back-of-the-envelope calculation suggests this is out of reach.
Similar(39)
And without deep cost-cutting and reform, the system will struggle to cope with the coming incredible shrinking of Japan.
They hope to succeed through what remain revolutionary methods in Japan: deep cost-cutting and stiff competition.
While it recently unfurled new digital technologies and deep cost-cutting, there is skepticism about the stock's prospects.
Some industry experts even contend that bankrupt airlines could stimulate travel because deep cost-cutting could lead to lower fares.
Others have outsourced drawing work to countries including India and Peru to save money.But even with deep cost-cutting, architects are still struggling to attract clients.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com