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    happyboy1992
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    Bài gửi by happyboy1992 22/6/2008, 10:33 pm

    Air Canada to cut 2,000 jobs
    News T News 20080620120623air_canada_203x152


    Air Canada has announced it is cutting 2,000 jobs - eight per cent of its
    workforce - by the end of this year. Canada's flagship airline blamed
    the sharp cut in capacity on rising fuel costs. The carrier has also
    cut some of its routes. This report from Lee Carter:

    Listen to the story

    The announcement from Canada's largest airline did not come entirely as a surprise. Carriers in the United States, including American, United and Delta, have all announced plans to reduce capacity and eliminate jobs.

    The cost of jet fuel has more than doubled in the last year and quadrupled since 2004. Air Canada says every time oil increases by $1 a barrel, it costs the airline an additional $26 million a year.
    Fuel is its largest expense, representing more than 30 per cent of its total operational spending. The airline has not ruled out further cuts to its capacity if oil prices remain at current levels.


    Air Canada says it will begin a round of meetings with its unions next week to work out how the 2,000 jobs will be eliminated. The airline says it is hopeful some of them can be re-allocated. Among routes being
    cut are Toronto to Rome in the low traffic season and the complete elimination of Air Canada's non-stop service from Vancouver to Osaka.

    Lee Carter, BBC News, Toronto

    Listen to the words

    did not come entirely as a surprise
    was not something that no-one had expected


    Carriers
    airlines


    to reduce capacity
    to cut the number of flights and carry fewer passengers


    has more than doubled
    is more than twice as high


    quadrupled
    increased fourfold; become four times as high


    its largest expense
    what the airline spends most of its money on (compared to how much it pays for other things)


    ruled out further cuts
    excluded the possibility of shrinking its business even more


    to work out
    to plan and agree


    in the low traffic season
    when fewer passengers are flying


    non-stop service
    flights that don't land anywhere until they reach their final destination

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