Northwest Announces More Cuts

As the airline industry faces sky-high fuel prices, Northwest Airlines announced tonight that it will make even steeper cuts than initially planned.

The carrier announced an 8.5 percent to 9.5 percent reduction in capacity for its mainline network for the fourth quarter of 2008, as compared to the fourth quarter of 2007. Northwest said it plans to reduce its DC-9 fleet from 94 to 61 planes this year.