Delta Air Lines is cutting back operations as much as 8% for 2009 according to reports, due to low demand for travel.

The cuts will affect Delta and its subsidiary Northwest Airlines. Delta has reported that the decrease could be as much as 10% in the US, and 5% internationally. This decline started in October of the company, and they expect to have to absorb an unprecedented drop in demand in 2009.

The only real bright spot for the companies right now, is the falling price of oil. Without the decline in cost of oil, many airlines, including Delta, might not survive.