Delta Will Cut Executives Pay To Save Money

Just eight days after Delta Airlines filed for Chapter 11 bankruptcy protection, the company announced today it will cut it's chief executive, Gerald Grinstein's pay by 25 percent and it's other executives pay by 15 percent. It was also announced that there will be other pay cuts with supervisory and administrative personal taking a 9 percent cut and frontline workers pay to be cut 7 to 10 precent.
On top of the pay cuts, the airline is cutting or shuffling some flights and adding more international flights. http://customwire.ap.org/dynamic/stories/D/DELTA_BANKRUPTCY?SITE=WIMAD&SECTION=HOME