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Delta Air Lines is paying out $1.4 billion in profit sharing, more than double what it paid employees a year ago.
The bankruptcy, which led to at least 7,000 layoffs and pay cuts, also helped kickstart a new era of employee-focused company culture–which starts with employees getting paid before management.
In February 1940, Delta Employees Credit Union was formed in Atlanta, Georgia, by eight Delta Air Lines employees, each with a stake of $45 in share capital. On March 8, 1940, Delta Employees Credit Union received a charter entitling it to 20 years of operation. One month later, the first board of directors was composed. The board voted that membership was open to all Delta employees. By the ...
The flight engineer, Nicholas Nestor "Nick" Nassick, age 43, had been a Delta Air Lines employee since 1976. He had logged 6,500 hours of flight time, including 4,500 in the TriStar. Nassick had served with the U.S. Air Force from 1963 to 1976 and fought in four tours in the Vietnam War. : 92 Fellow Delta employees described him as "observant ...
After Delta and Northwest merged, Delta moved the Eagan headquarters employees to other offices in the Minneapolis–Saint Paul area. In October 2009 Delta Air Lines hired a real estate broker to put the 108-acre (44 ha) former Northwest Airlines headquarters complex for sale or lease.
Delta Air Lines announced that its 80,000 employees will receive $1.1 billion in profit sharing.
The airport today employs about 55,300 airline, ground transportation, concessionaire, security, the federal government, the City of Atlanta, and airport tenant employees and is the largest employment center in Georgia.
Delta’s pay hikes are for non-union employees, including flight attendants, airport customer service, mechanics, reservation agents, and cargo workers.