The company initially said it planned to cut capacity by 6 to 8 percent.
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In the past, Thomas Cook struggled with unsold holidays on its books, forcing it to cut capacity and reduce the price of package tours.
From 2002 the company began the laborious task of trying to cut capacity rather than continue to slog it out on the dealer forecourts with ever bigger discounts to lure buyers.
The company said it would have to cut its capacity by 9 percent to meet the new standards.
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To break even, major carriers will have to cut their capacity by 20%.
While the company has taken some steps to cut production capacity and reduce costs, further restructuring is needed to restore profits.
Passenger numbers at Cardiff Airport dropped by 200, 000 last year, with the airport blaming a cut in capacity by a low-cost airline and the ash cloud.
Corning said it is making moves to cut glass capacity.
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So when the Pirates moved in 2007 to the new (and only slightly smaller) Prudential Center in Newark, university officials decided to cut the capacity roughly in half by lowering four giant black curtains over the seats in the upper bowl for Pirates games.
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It will cut back because capacity utilization numbers are weakening, now at around 80%, well below the 85% level of boom times.
If there is a fundamental lack of demand, Dendreon may have to cut its manufacturing capacity and plan for Provenge to be a smaller product.
Largely because of the power of the unions, America's carmakers find it as hard as their European counterparts do to cut output and capacity to match changed circumstances.
Partly because of the power of the unions, America's car makers find it almost as hard as do their European counterparts to cut output and capacity to match changed circumstances.
Having studied their effect in Liverpool he believes in their capacity to cut burglary and car crime.
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Yet in the court arena, the law has the capacity to cut through these very same knots.
"What is impressive is SocGen's capacity to cut its cost base, " said Yohan Salleron, fund manager at Mandarine Gestion.
Corning said the combined actions at both its wholly owned business and SCP will cut its total worldwide capacity by about 25%.
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As excess capacity is cut, profits rise and investment eventually recovers.
While Air Canada this week followed the American carriers and cut 20% of capacity, the European response has been more muted, with average cuts of around 10%.
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Many U.S. airlines announced surcharges or rate hikes in recent days, as they cut their projections for capacity growths, or the number of seats offered on a plane.
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Storage capacity is also cut in half, down to just 4GB, but to its credit, the tablet retains a microSD slot.
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For example, airlines could bid for the right to be prioritised in the event of an airport's capacity unexpectedly being cut.
Airlines that land at the bigger airport dislike the idea of coughing up for new capacity for their cut-rate rivals at Stansted.
His approach, he says, will be to monitor bookings and traffic closely, so as to cut flight frequencies and reduce capacity to match demand.
Results from lab tests and limited human trials show that these drugs can improve lung capacity by 10% or cut collagen production by 70%.
The merged airline "still has much low-hanging fruit to pick as it integrates its networks, " Linenberg says, noting that cutbacks in capacity should reduce pressure to cut fares, especially in the company's core East Coast markets.
The high capital depreciation of this equipment must be offset by running it at full capacity, so rather than cut production the market participants lower prices to entice customers away from their competition, creating a downward price spiral.
Houston-based Continental Airlines (nyse: CAL - news - people ) announced Thursday it would cut 3, 000 jobs and reduce capacity by 11% because of record fuel costs that have pushed the industry into its worst crisis since Sept. 11, 2001.
As a result of those challenges, Whirlpool is moving to reduce costs and capacity, announcing it will cut more than 5, 000 jobs (approximately 10% of its workforce in North America and Italy), in part by closing a refrigerator manufacturing facility in Arkansas by the middle of 2012.
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