The article below from NYTimes.com has been sent to you by psa188@xxxxxxxxx /--------- E-mail Sponsored by Fox Searchlight ------------\ I HEART HUCKABEES - OPENING IN SELECT CITIES OCTOBER 1 From David O. Russell, writer and director of THREE KINGS and FLIRTING WITH DISASTER comes an existential comedy starring Dustin Hoffman, Isabelle Hupert, Jude Law, Jason Schwartzman, Lily Tomlin, Mark Wahlberg and Naomi Watts. Watch the trailer now at: http://www.foxsearchlight.com/huckabees/index_nyt.html \----------------------------------------------------------/ Delta Expected to Announce More Moves to Reduce Costs September 28, 2004 By MICHELINE MAYNARD Delta Air Lines, which is striving to avoid a bankruptcy filing, is expected to announce more internal cost cuts, including changes to employee benefits, as soon as today. Also today, the airline will find out the results of voting by its pilots on a plan to avoid staff shortages that could be caused by an unusually high number of early retirements. Delta, based in Atlanta, has warned that it could join United and US Airways in bankruptcy court, unless it can reduce its costs, fix its balance sheet and win $1 billion in wage and benefit cuts from the pilots, its only unionized group. Two weeks ago, Delta announced the first steps in its restructuring, including the elimination of up to 7,000 jobs and the closing of its hub in Dallas. As part of the plan, Delta told employees to expect additional moves affecting benefits, which it said it would announce by the end of the month. That word could come sometime today, a person briefed on the airline's plan said last night. But details of what the airline was planning were not available. Delta did not comment. The Air Line Pilots Association, meanwhile, will finish voting today on a plan that would allow retired pilots to briefly continue working for the airline, to try to avoid any disruption caused by retirements. Delta's pilots, like those at other major airlines, must retire at age 60. But about 2,000 of Delta's 6,900 pilots are eligible to retire at age 50. The pilots' union said it expected an "unusually high" number of pilots to leave in October, because of fears about the airline's financial health. In June, 200 pilots retired early and the airline subsequently took a $1.6 billion noncash charge to account for the retirements and other expenses. Delta's chief executive, Gerald A. Grinstein, said the airline feared that it might have to ground aircraft if it could not find a resolution to the issue, because it would not have enough pilots to fly its planes. http://www.nytimes.com/2004/09/28/business/28air.html?ex=1097383293&ei=1&en=9393ddb142756bac --------------------------------- Get Home Delivery of The New York Times Newspaper. Imagine reading The New York Times any time & anywhere you like! Leisurely catch up on events & expand your horizons. Enjoy now for 50% off Home Delivery! Click here: http://homedelivery.nytimes.com/HDS/SubscriptionT1.do?mode=SubscriptionT1&ExternalMediaCode=W24AF HOW TO ADVERTISE --------------------------------- For information on advertising in e-mail newsletters or other creative advertising opportunities with The New York Times on the Web, please contact onlinesales@xxxxxxxxxxx or visit our online media kit at http://www.nytimes.com/adinfo For general information about NYTimes.com, write to help@xxxxxxxxxxxx Copyright 2004 The New York Times Company