ARC announced today it has revised its financial plans for 2008 and taken a number of actions including a 4% reduction in personnel to respond to the rapidly changing economies of the air travel market.

ARC President and CEO, David Collins said, “While these measures are difficult, we remain committed to delivering cost-effective services and innovative solutions to our customers. Recent results and carrier announcements on capacity changes require us to respond accordingly. It is imperative that we continue to invest in our customer-facing activities and solutions. These decisions, taken quickly and assertively, will help ARC insure that both those investments and our financial performance meet our customers’, employees’ and ownerships’ needs.”