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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 rolled out a profit-sharing model in 2007 and it gave employees a financial cushion when company money was tight. It’s a benefit they’ve continued since a brief pause in 2020.
February 14, 2024 at 4:18 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 ...
The idea for a museum about Delta Air Lines originated with group of retirees who started a campaign in 1990 to find one of Delta's original five purchased-new Douglas DC-3s from the early 1940s. After some searching, the employees found Delta Ship 41, Delta's second DC-3 to carry passengers, in Puerto Rico performing cargo services.
The flight engineer, Nicholas Nestor "Nick" Nassick, age 43, had been a Delta Air Lines employee since 1976. He had logged 6,500 hours of flight time, including 4,500 in the TriStar. Nassick had served with the U.S. Air Force from 1963 to 1976 and fought in four tours in the Vietnam War. : 92 Fellow Delta employees described him as "observant ...
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 emphasizes the impact their employees have on the success of the company. Just last month, Delta paid out $1.4 billion in profit sharing to employees, equal to about 10% of their annual pay.
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