Windstream to cut 350 jobs, or 5 percent of work force, in move to balance out sales declineSeptember 30th, 2009 Windstream to cut 350 jobsLITTLE ROCK, Ark. — Windstream Corp.
Target's 2nd-quarter profits fall 6.2 pct, but results well exceed estimates amid cost-cuttingAugust 18th, 2009 Target's 2Q profit falls 6.2 pct, beats estimatesNEW YORK — Target says its second-quarter profit fell 6.3 percent, but results surpassed Wall Street forecasts amid cost-cutting initiatives and improvements in its credit-card business. The Minneapolis-based discounter says Tuesday that it earned $594 million, or 79 cents per share, in the period.
Delta Air Lines, US Airways swapping slots at New York, D.C. airportsAugust 12th, 2009 Delta, US Airways swapping slotsATLANTA — The sudden flurry of airlines swapping takeoff and landing slots at Washington and New York area airports continued Wednesday with Delta and US Airways striking a deal similar to one between AirTran and Continental disclosed the day before. The carriers will get more bang for the buck in congested areas where slot access is limited and where they face increased competition from Southwest Airlines, which has a knack for bringing lower fares to new markets it serves.
Kellogg increases 2009 earnings guidance but says it will spend more on cost-cutting planJuly 30th, 2009 Kellogg sees rosier earnings for full yearBATTLE CREEK, Mich. — Cereal and snack maker Kellogg Co.
About 800 geese near NYC airports trapped, euthanized to reduce bird strikes of jetlinersJune 20th, 2009 About 800 geese near NYC airports euthanizedNEW YORK — About 800 Canada geese around New York City's two airports have been trapped and euthanized, part of an effort to reduce the type of bird strike that led to a jetliner landing in the Hudson River last winter
Birds have been culled from 15 sites within five miles of LaGuardia and Kennedy airports. U.S. Department of Agriculture spokeswoman Carol Bannerman says agency biologists and other specialists are trapping and euthanizing the birds.
Recession forces Bellingham Herald to cut more employees, expensesJune 9th, 2009 Bellingham Herald cutting jobs, requiring furloughBELLINGHAM, Wash. — Employees at The Bellingham Herald in Washington state will have to take a one-week unpaid furlough this summer to help the newspaper cut expenses.
Jet Airways to launch low-fare Jet KonnectMay 7th, 2009 NEW DELHI - Leading private carrier Jet Airways will launch a new economy service, 'Jet Airways Konnect', from Friday on select sectors, the airline announced Thursday. The company said in a regulatory statement that Jet Konnect would offer almost all services of the parent carrier and would help the airline cater to the needs of the consumers opting for low-fare services.
Jet Airways offers low return fares to LondonMay 6th, 2009 NEW DELHI - Leading private carrier Jet Airways Wednesday announced special return fares between Indian cities and London which would allow travellers to save around Rs.20,000 on their return economy class bookings. The return economy ticket, which normally costs over Rs.50,000, would now be available at Rs.30,000 under the new scheme, while the premier and first class tickets would cost around Rs.125,000 and Rs.200,000 respectively.
Abercrombie & Fitch cuts 170 staffers as it reviews expensesApril 30th, 2009 Abercrombie cuts 170 staffNEW YORK — Teen-oriented clothing chain Abercrombie & Fitch Co. said Thursday it is in the process of cutting its headquarters staff by about 9 percent to save money.
Abercrombie & Fitch cuts 170 headquarters staffers as it reviews expensesApril 30th, 2009 Abercrombie cuts 170 headquarters staffNEW YORK — Teen-oriented clothing chain Abercrombie & Fitch Co. said Thursday it is in the process of cutting its headquarters staff by about 9 percent to save money.
Paramount Airways connects east, northeastern cities with southern IndiaApril 27th, 2009 AGARTALA - Chennai-based Paramount Airways has launched its operations Monday connecting the eastern and northeastern region with the southern Indian cities. 'From Monday onwards, the Paramount Airways would operate airbus between Kolkata, Guwahati, Agartala and many southern India cities,' said R.C.
Jet Airways may cut 10 percent capacityMarch 30th, 2009 HYDERABAD - India's leading private airline Jet Airways, which cut capacity by 12 percent last year, may reduce it further by 10 percent this year in view of the falling passenger traffic, a top official said here Monday. 'This year we are not increasing capacity.
Delhi, Mumbai airport staff to be reducedMarch 5th, 2009 NEW DELHI - The Airports Authority of India (AAI) has asked at least 4,000 of its employees working at the Delhi and Mumbai airports to either opt for the voluntary retirement scheme (VRS) or work at other AAI-owned airports, an official said Wednesday. The AAI official, who did not want to be identified, told IANS that the decision has to be implemented at the earliest and such VRS offers will be made to employees in some other airports also.
Jet Airways, Air India announce fare cutsDecember 28th, 2008 NEW DELHI - India's leading private air carrier, Jet Airways, and state-owned operator Air India Monday announced fare cuts. While Jet will reduce the fares on its domestic routes by up to 40 percent with immediate effect, Air India is expected to announce the quantum Tuesday.
Legal action to be taken against defaulting airlines: PatelDecember 22nd, 2008 NEW DELHI - The government Tuesday said it would take 'all possible steps, including legal action' against airlines if they continue to default on airport service charge dues. According to the government, the airlines owe around Rs.11.01 billion (Rs.1,101 crore) to the Airports Authority of India (AAI) in the airport service charge.
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