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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 ...
Gerald Grinstein. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. He became CEO of Delta in 2004, a time of financial crisis for the airline.
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In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.
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Delta Flight Museum. / 33.655043; -84.420127. The Delta Flight Museum is an aviation and corporate museum located in Atlanta, Georgia, United States, near the airline's main hub, Hartsfield–Jackson Atlanta International Airport. The museum is housed in two 1940s-era Delta Air Lines aircraft hangars at Delta's headquarters, designated a ...
The company is also sharing the wealth: Delta CEO Ed Bastian announced Wednesday that the airline was paying out $1.4 billion in profit-sharing payments to its more than 100,000 employees.
In April 2000, more than 8,000 flight attendants at Northwest Airlines voted to ratify a new contract with improvements in compensation and retirement packages and ending a 3½ year labor dispute. A decade later, Northwest Airlines merged with Delta Air Lines and ceased operations on January 31, 2010.
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