Airlines continue to trim payroll
Published: December 16,2009
Air carriers have recently seen an increase in traffic and improved operating margins, but they continue to shed jobs.
U.S. scheduled passenger airlines employed 3.7 percent fewer workers in Oct. 2009 than in Oct. 2008, the 16th consecutive decrease in full-time equivalent employee (FTE) levels for the scheduled passenger carriers from the same month of the previous year, the Bureau of Transportation Statistics (BTS) reports.
BTS reports that the October FTE total of 379,800 for the scheduled passenger carriers was 14,400 below Oct. 2008 and the lowest total for any month since 1993.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Warden who lives hundreds of miles from jail resigns
- Jail kitchen supervisor pleads guilty to stealing food
- BankPlus recognized for alternative program to payday lending
- Analyst: KiOR Columbus plant may end up sold as scrap
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Top 10 finalists chosen for C Spire Conerly Trophy
- Stricklin: Deer parasites don't affect quality of venison
- Prison-contract task force working in wake of Epps' indictment
- Bryant wants free tuition for students with technical diploma