Delta’s profit-sharing payments to employees top $1 billion
Delta Air Lines is giving its employees $1.1 billion in profit-sharing bonuses, a record payout.
The profit-sharing amounts to more than 16 percent of Delta employees’ pay, the company said.
Atlanta-based Delta paid out part of the total last October and will dole out the remainder this Friday.
The airline traditionally makes the profit-sharing payment to its nearly 80,000 employees on Valentine’s Day with parties at its headquarters near Hartsfield-Jackson International Airport and other locations. Valentine’s Day falls on Saturday this year.
Delta reported net income of $659 million for 2014, and said its pre-tax income for the year was $4.5 billion excluding special items.
About the Author
As business team lead, Kelly Yamanouchi edits and writes business stories. She graduated from Harvard and has a master's degree from Northwestern.
