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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.
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.
Wikipedia
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.
1. Delta Air Lines Flight 191 was a regularly scheduled Delta Air Lines domestic service from Fort Lauderdale, Florida, to Los Angeles with an intermediate stop at Dallas/Fort Worth International Airport (DFW). On August 2, 1985, the Lockheed L-1011 TriStar operating Flight 191 encountered a microburst while on approach to land at DFW.
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