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The company has done a payout every year except in 2020, when the airline industry suffered heavy losses from reduced travel demand because of the COVID pandemic. And although this year’s payout ...
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 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.
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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 Boeing 777-200ER in its current livery. On 25 April 2007, the airline's bankruptcy plan was approved by the bankruptcy court. On 30 April 2007, Delta Air Lines emerged from bankruptcy protection as an independent carrier. Delta also unveiled a new logo, reminiscent of its logo from the 1970s and 1980s, and a new paint scheme.
The new minimum for hourly workers will be $19 an hour, up from $16.55 an hour. Both go into effect on June 1. The company will also allocate a 5% merit pool, a type of bonus, for eligible ...
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