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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.
Delta Dental Plans Association (DDPA) was created in Fall of 1966 to bring together these local state service organizations and coordinate dental benefit programs for customers with employees in multiple states. [citation needed] A year later, the first multi-state program was sold by WDS to the International Association of Machinists.
In February 1940, Delta Employees Credit Union was formed in Atlanta, Georgia, by eight Delta Air Lines employees, each with a stake of $45 in share capital. On March 8, 1940, Delta Employees Credit Union received a charter entitling it to 20 years of operation. One month later, the first board of directors was composed. The board voted that membership was open to all Delta employees. By the ...
Grinstein retired in the summer of 2007, [8] allocating his bankruptcy emergence stock grants to establish a scholarship fund for Delta employees and their children and a hardship fund for Delta families.
Delta Air Lines is paying out $1.4 billion in profit sharing, more than double what it paid employees a year ago.
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Also in December 1982, Delta took delivery of its first 757 and 767–200, named the Spirit of Delta, which was paid for "by voluntary contributions from employees, retirees and Delta's community partners."
Thousands of Delta employees are teaming up to pull one of the airline's planes as part of a massive fundraising effort for the American Cancer Society.
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