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The move shrunk the “company in half overnight.” 20,000 more employees agreed to take an early retirement and once the pandemic cleared, Delta brought people back.
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 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.
Delta Air Lines is one of the major airlines of the United States and a legacy carrier headquartered in Atlanta, Georgia. [1] The United States' oldest operating airline and the seventh-oldest operating worldwide, [7] 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 ...
Also in December 1982, Delta took delivery of its first 757 and 767–200, named the Spirit of Delta, which was paid for "by voluntary contributions from employees, retirees and Delta's community partners."
Delta Air Lines is paying out $1.4 billion in profit sharing, more than double what it paid employees a year ago.
The Delta Board Council represents the non- contract employees of Delta Air Lines to the company's executive management and the board of directors. The council was formed in 1996, and currently comprises one representative from each of Delta's major employee operating units: Airport Customer Service, Inflight Service, Management and ...
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