Ray Neidl, a veteran airline-industry watcher with Calyon Securities, expects to see the major carriers continue cutting costs.

FORBES: Magazine Article

Spearheading the turnaround was a major cost-cutting initiative, as the company closed underperforming stores and laid off 280 workers.

FORBES: Magazine Article

Sharp has embarked upon a major cost-cutting drive that could see it cutting 5, 000 jobs - around 15% of its workforce.

BBC: Sharp downgraded to 'junk' by Standard & Poor's