Delta hits 'milestone' with another US$1b in profit-sharing to employees

Delta Air Lines believes it has given back to its employees at an unprecedented pace, after paying out more than US$1b in profit-sharing for the fourth year in a row. The airline announced Tuesday that Delta's 80,000 employees earned a $1.1b payout for "delivering record-breaking operational and customer satisfaction performance as well as strong financial performance." The company's $1.5b of profit-sharing in 2016 was a company record. Delta CE Ed Bastian said that the 4 straight years of $1b profit sharing is a "milestone no company in history has ever achieved." The company said the profit-sharing program has paid out more than $5b over the past 5 years. Delta said most employees received more than 10% of their gross pay. <br/>
Atlanta Business Chronicle
https://www.bizjournals.com/atlanta/news/2018/02/14/delta-hits-milestone-with-another-1-billion-in.html?ana=yahoo&yptr=yahoo
2/14/18