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February 14, 2024 at 1:18 PM. Charly Triballeau/AFP/Getty Images. Delta Air Lines is paying out $1.4 billion in profit sharing, more than double what it paid employees a year ago. The payments ...
Delta unveiled its profit-sharing program in 2007 as the company emerged from bankruptcy, and employees received their first payout in 2008, totaling $158 million.
The new minimum for hourly workers will be $19 an hour, up from $16.55 an hour. Both go into effect on June 1. The company will also allocate a 5% merit pool, a type of bonus, for eligible ...
A Northwest Airlines Airbus A330-300, shortly before the merger with Delta in 2008. Delta Air Lines as it exists today is the result of numerous mergers over its history. Predecessor carriers include: Chicago and Southern Air Lines (formed in 1933, merged into Delta in 1953).
The airline stated on 15 June, that if acceptance was not agreed by 6pm that evening, it would withdraw its offer and implement them unilaterally with a 70% cut to employees' wages excluding pilots. As the deadline passed the airline initiated the action to implement the changes angering Trade Unions representing the majority of Aer Lingus ...
It began flights between Calgary and Atlanta, WestJet's expected joint-venture carrier Delta Air Lines' largest hub, in March 2019. WestJet is the only carrier operating a direct route between Calgary and Atlanta. The airline also announced flights between Toronto and Barcelona, its second destination in mainland Europe which began in May 2019.
Starting salaries are going up as well. Delta Airlines is giving its workers a raise. The Atlanta-based carrier has announced an across-the-board 5% pay raise for eligible ground employees and ...
The newspaper's report on nonprofit compensation found Wallace to be the highest-paid college leader and the eighth-highest-paid employee of an American charity. The $9.6 million included a base salary of $859,000, a bonus of $1 million and $7.5 million in deferred payments.