European airlines cut winter capacity amid fuel costs (english.news.cn)

Twenty-one European carriers have reduced planned winter capacity by over 5 percent as jet fuel prices hit $4.84 per gallon in October, 114 percent above pre-crisis levels. Ryanair lowered its passenger target to 214 million and easyJet removed 1.4 million seats, while Lufthansa Group cut short-haul capacity equivalent to five aircraft. KLM announced a restructuring plan to improve earnings by 1 billion euros through a 15 percent workforce reduction and fleet adjustments.