Associated Press
SEATTLE — Alaska Airlines expects to return to its full flight schedule by early February and will not have layoffs this year, the company told its employees.
In a letter to workers obtained by The News Tribune in Tacoma, Alaska’s chief executive, John Kelly, and President Bill Ayer also said job cuts were unlikely in 2002.
"Now, having completed a thorough review of our financial and strategic position, we’re confident that, short of an unexpected, extreme circumstance, our people can be assured there will be no loss of employment for the remainder of this year. And that’s the goal for 2002," Kelly said.
The news followed a weeklong planning meeting by the Seattle-based airline’s top executives.
Alaska, like most other U.S. carriers, has cut back flight service and reported a decrease in travelers since the Sept. 11 terrorist attacks. The company is currently running about 86 percent of its total flight schedule.
Although other airlines have laid off thousands, Alaska has been able to rely on its substantial cash reserves.
The company is taking some cost-cutting measures, however. It has delayed some major projects to save money and has asked employees to take voluntary leave.
Copyright ©2001 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Talk to us
> Give us your news tips.
> Send us a letter to the editor.
> More Herald contact information.