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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.
The move shrunk the “company in half overnight.” 20,000 more employees agreed to take an early retirement and once the pandemic cleared, Delta brought people back.
Also in December 1982, Delta took delivery of its first 757 and 767–200, named the Spirit of Delta, which was paid for "by voluntary contributions from employees, retirees and Delta's community partners."
Delta Air Lines is paying out $1.4 billion in profit sharing, more than double what it paid employees a year ago.
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 ...
Continental flew the aircraft to its three hubs for anniversary celebration events for employees and retirees. ... Delta pilots attempted to convince the Continental ...
Delta Air Lines CEO Ed Bastian in a letter to members of Congress on Wednesday discussed steps the company has taken to help its employees, two days after more than 100 House members in a separate ...
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