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To: jlallen who wrote (375954)3/21/2003 4:20:04 PM
From: steve dietrich  Read Replies (1) | Respond to of 769667
 
Reuters
Northwest Air Cutting 4,900 Jobs
Friday March 21, 4:03 pm ET

ST. PAUL (Reuters) - Northwest Airlines Corp. (NasdaqNM:NWAC - News) on Friday said it was cutting 4,900 jobs and its flight schedule by 12 percent because of lower travel demand before and following the conflict in Iraq.
"The carrier is taking this action because of a drop in passenger demand due to both the threat of and now the commencement of hostilities with Iraq," the airline said in a statement. "As world events unfold, Northwest will continue to monitor passenger demand to determine whether additional actions are necessary."

About 20 planes will be removed from service. The schedule changes will affect North American, Asia/Pacific and European routes.

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