Delta's fuel bill increases $1 billion over last year

07/28/2011 | San Francisco Chronicle · MSNBC · Salt Lake Tribune (Utah), The

Delta Air Lines has announced that it will cut back its flying more than initially planned as about 2,000 employees have taken voluntary buyouts. The carrier is reducing expenses to cover persistently high fuel costs, which increased $1 billion compared with costs last year, an increase of around 39%. Richard Anderson, CEO of Delta, said the carrier plans to order new planes only as replacements for older models.

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San Francisco Chronicle · MSNBC · Salt Lake Tribune (Utah), The

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