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AirTran Asks Employees To Take Temporary Pay Cut

Posted on July 03, 2008

The deflation train picks up steam as AirTran Asks Employees To Take Temporary Pay Cuts.On Wednesday, AirTran Holdings asked for temporary wage concessions from all of its employees, TradeTheNews reported. AirTran will ask all workers to accept pay cuts between 5% and 13%, and officers will take a 15% cut, effective in August, for six months.AirTran has expended $450.0 million in wages in the past year, trimming costs through its workforce, as well as reevaluating its route structure to add capacity in markets where it sees demand and cutting capacity in markets that could not support schedu...

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deflation , yen