Delta Air Lines announced that it was removing some jobs within the company to better manage costs, at a time when US airlines are facing challenges fuel and labor expenses higher.
Delta Air Lines did not specify the number of jobs eliminated, but said the layoffs did not include crews, pilots and cabin crew. “Although we have not yet returned to full capacity, now is the time to adjust Delta’s programs, budgets and organizational structures to achieve the goals we have set for ourselves“, she told Reuters in a press release. “Part of this effort includes adjustments to company staffing to support these changes“, she added.
In the third quarter of 2023, Delta Air Lines reported net income of $1.11 billion, an increase of 59% year-over-year. However, its operating revenues reached 15.5 billion dollars (14.6 billion adjusted), against 14.54 billion expected. It cut its full-year profit forecast due to rising fuel prices. According to his calculations, rising fuel prices are expected to inflate costs by $400 million in the second half of the year.