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Airlines under pressure to raise wages. Southwest raised its minimum hourly wage to $15 in June covering about 7,000 of its 54,000 employees. At Delta, CEO Ed Bastian told investors during a third ...
Bastian left Delta in 2005 to become senior vice president and chief financial officer at Acuity Brands. Six months later, at the request of then-Delta CEO Gerald Grinstein, he returned to the airline to serve as chief financial officer. In 2007, he was appointed to president, a position he held until assuming the role of CEO in May 2016.
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.
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 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.
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