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Good morning! Delta made a splash last week when it paid its employees a $1.4 billion bonus. As the airline industry as a whole continues to bounce back from a pandemic-induced downturn, Delta ...
November 10, 1946: Delta Air Lines Flight 10, a Douglas DC-3 which departed Jackson, Mississippi attempting to land at then Meridian Key Field (MEI) in a thunderstorm and winds, had a runway excursion after landing, going beyond the end of the runway and up the western slope of a ditch adjoining the highway adjacent to the airport, bouncing over a highway, and coming to rest with the nose ...
The Pension Benefit Guaranty Corporation (PBGC) is a United States federally chartered corporation created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary ...
Hartsfield–Jackson is the corporate headquarters and primary hub of Delta Air Lines. With just over 1,000 flights a day to 225 domestic and international destinations, the Delta hub is the world's largest airline hub [9] [10] and is considered the first mega-hub in America. [11]
Delta reduced its pension and other retirement liabilities by more than $3.5 billion last year, and there could be more improvement coming in the next few years. Delta Air Lines, Inc. Makes ...
Valerie Walker, a retired Delta Air Lines pilot who spoke to the outlet, said the plane’s captain most likely saw the cabin pressurization issue, heard it and tried to solve the problem while in ...
An Act to provide for pension reform. The Employee Retirement Income Security Act of 1974 (ERISA) (Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry. It contains rules on the federal income ...
In the past, US Airways and United Airlines, now merged into United Continental , have seen the PBGC take over certain pension-plan obligations to provide benefits to their workers as part of the ...
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