Following the attacks, Northwest was forced to make dramatic changes to its business structure through major employee layoffs and other cost cutting measures.
These cost cutting measures included the budget allotted to the Christmas Lectures.
"not spend the whole flight apologising for ill thought through cost cutting measures"
It was found possible to resurrect the Island's only private sector newspaper through further cost cutting measures.
With debts of up to €800,000, cost cutting measures were implemented.
While a physician was in residence on the island through the 1950s, cost cutting measures included switching to private contracted physicians.
Realistically, in the absence of any further budget cutting measures, the deficit is unlikely to fall below $150 billion in the next five years.
In September, some staff were laid off amid other cost cutting measures.
With various cost cutting measures, the University posted a small surplus of $1.92 million.
The railroad struggled financially to turn a profit and implemented cost cutting measures.