US Airlines Work Force Rose 2% In April - DOT

Date : 06/21/2011 @ 12:09PM
Source : Dow Jones News
Stock : Alaska Air Grp., Inc. (ALK)
Quote : 79.69  0.86 (1.09%) @ 4:02PM

US Airlines Work Force Rose 2% In April - DOT

Delta Air Lines (NYSE:DAL)
Historical Stock Chart

5 Years : From Oct 2012 to Oct 2017

Click Here for more Delta Air Lines Charts.

U.S. airlines' work force on a full-time equivalent basis increased 2% in April compared with a year earlier, the largest monthly increase so far in a year of tepid employment growth, according to the data from the U.S. Department of Transportation.

Airlines are enjoying a rebound in demand, but hiring had only increased slightly over the past four months as carriers cautiously added workers. Declines in air travel during the economic downturn took a heavy toll, forcing airlines to take steps to control costs, including layoffs.

Total full-time equivalent employees reached 383,698 in April, up slightly from March's 382,796, according to the department's Bureau of Transportation Statistics. Full-time equivalent calculations count two part-time employees as one full-time employee.

Network carriers' work force grew 1.8% as Delta Air Lines Inc. (DAL) reported the largest increase with 4.5% more equivalent workers. Alaska Air Group's (ALK) Alaska Airlines posted the largest decline, a 3% drop in employment.

Discount carrier Virgin America's work force rose 21% on the year, while Spirit Airlines Inc.'s (SAVE) namesake carrier posted a 17% jump. Southwest Airlines Co. (LUV) had 3.1% more employees, while JetBlue Airways Corp. (JBLU) and AirTran Holdings Inc. (AAI) saw their work rolls rise 4.9% and 3.7% respectively. The overall work force of discount carriers was up 4% on the year.

Regional airlines employed 2.1% more workers.

-By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; Andrew.FitzGerald@dowjones.com

Latest ALK Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.