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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.
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. After overseeing the firm's survival through bankruptcy and implementing a ...
Northwest Airlines Corp. (often abbreviated as NWA) was a major airline in the United States from 1926 until it merged with Delta Air Lines in 2010. [1] The merger made Delta the largest airline in the world until the American Airlines–US Airways merger in 2013.
Midwest Airlines began in 1948, when Kimberly-Clark began providing air transportation for company executives and engineers between the company's Neenah, Wisconsin headquarters and its mills. Operating out of the nearby Appleton International Airport, early employee shuttle destinations included Chicago O'Hare, Memphis, and Atlanta's Fulton County Airport.
Delta operates the world's largest fleets of the Airbus A220, Boeing 717, and Boeing 757, the largest passenger fleet of the Boeing 767, and the largest Airbus A330 fleet of any US airline. Delta has historically preferred purchasing or leasing used aircraft or using older-generation models to keep initial acquisition costs down.
The most popular method for workers to save for retirement is the 401 (k), which allows employees without employer-backed pensions to independently contribute to their own retirement savings ...
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