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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.
Zonal Employee Discount (ZED) is a multilateral agreement for reduced rate personal travel by airline employees and other travelers. Airlines may bilaterally agree to apply one of three fare levels (Low, Medium, High), space-available / subload and / or positive space / firm reservation status, as well as eligibility for travel in the economy ...
All Delta employees below mid-level managers participate in the program, the airline said. The payout is up 146% from the profit sharing payment of a year earlier, and well above the $108 million ...
In 2005, Delta joined other big airline companies, ... This year, Delta gave employees $1.4 billion under the model through a bonus check that amounted to over 10% of their annual salary.
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.
Eastern Air Lines and Delta Air Lines had previously occupied the hangar. Delta's lease originally was scheduled to expire in 2010, but the airline returned the lease to the City of Atlanta in 2005 as part of its bankruptcy settlement. The city collected an insurance settlement of almost $900,000 due to the cancellation.
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