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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.
Wikipedia
Starting salaries are going up as well. Delta Airlines is giving its workers a raise. The Atlanta-based carrier has announced an across-the-board 5% pay raise for eligible ground employees and ...
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 ...
en.wikipedia.org
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 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.
Delta purchased the aircraft at a steep discount: $19.6m each, well below their $33.2m production cost, which led Boeing to accuse the company of dumping the aircraft. Delta would later increase its order to a total of 145 A220 aircraft. For its wide-body fleet, Delta acquired 25 Airbus A330neo and 42 of the newly introduced Airbus A350 ...