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Delta Air Lines announced Monday it is giving all its employees a 5% raise worldwide and is hiking starting pay to $19 an hour, after paying out $1.4 billion in profit-sharing bonuses.
Following the airline’s strong first quarter, Delta has set aside $125 million in profit sharing funds, which is $50 million more than it did in the first quarter of 2021. Delta, so far, is the ...
All Delta employees below mid-level managers participate in the program, the airline said. The payout is up 146% from the profit sharing payment of a year earlier, and well above the $108 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.
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Delta has also acquired some aircraft from Boeing. The airline purchased 29 used Boeing 737-900ER aircraft in July 2021 and also agreed to purchase 100 Boeing 737 MAX 10 aircraft in 2022. As a result of the fleet renewal, Delta was able to retire its McDonnell Douglas MD-88/MD-90, Boeing 777, and Boeing 737-700 fleets in 2020.
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