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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 Air Lines CEO Ed Bastian was 25 when he first got ... Delta gave employees $1.4 billion under the model through a bonus check that amounted to over 10% ... Then came a travel-killing ...
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 Air Lines is one of the major airlines of the United States and a legacy carrier headquartered in Atlanta, Georgia. The United States' oldest operating airline and the seventh-oldest operating worldwide, Delta along with its subsidiaries and regional affiliates, including Delta Connection, operates over 5,400 flights daily and serves 325 destinations in 52 countries on six continents.
Delta TechOps (Technical Operations) is the maintenance, repair and overhaul (MRO) division of Delta Air Lines, headquartered at Hartsfield-Jackson International Airport in Atlanta, Georgia. With more than 9,600 employees and 51 maintenance stations worldwide, Delta TechOps is a full-service maintenance provider for the more than 900 aircraft ...
Zonal Employee Discount (ZED) is a multilateral agreement for reduced rate personal travel by airline employees and other travelers. Airlines may bilaterally agree to apply one of three fare levels (Low, Medium, High), space-available / subload and / or positive space / firm reservation status, as well as eligibility for travel in the economy and / or business class cabins.
Before that, Delta experienced continued revenue growth between 2003 and 2019. Now, Delta Air Lines is the most profitable airline in the world, with almost $50.6 billion in operating revenue in 2022.
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