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FeedRank: 6/10  6/10  Very Good  ---  rss.vidilife.com
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Friday, July 11, 2008 --- 58 days ago
Following moves already made by its competitors, Northwest Airlines is moving to cut some 2,500 jobs and generate revenue, because of …you guessed it… fuel costs. Looking to keep up with industry demands, NWA will slash just over 8% of its work force, and charge passengers to check bags and redeem frequent flier miles. Already in buy-out negotiations with Delta Airlines, for a deal to be done by November, Northwest is looking to add $250-300 million in revenue. As the industry reports to face losses that total $13 billion for the year, nearly 20,000 jobs will be cut by the end of 2008. Northwest CEO, Doug Steeland points to fuel costs that have more than doubled as the main factor plaguing the nation’s airlines. With fuel currently at $140 a barrel, the airline industry projects fuel costs to total $61.2 billion for the year. So as passengers think twice about taking trips with high fares, costly luggage, and not-so-free flights. The forecast of cloudy skies will continue for our airlines. http://www.EmploymentCrossing.com Author: EmploymentCrossing Keywords: cool new weird strange parody skit spoof extreme crazy funny comedy hot adult sexy scary frightening sad extreme violent death sex hot girls hot girls Northwest Airlines Northwest Airlines Jobs Northwest Airlines Prices Northwest Airlines Rates Northwest Airlines Fees http://www.EmploymentCrossing.com Northwest Airlines is moving to cut some 2 500 jobs fuel costs slash just over 8 ...




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