MINNEAPOLIS and ST. PAUL,
Minn., Feb. 13, 2015
/PRNewswire/ -- Delta Air Lines (NYSE: DAL) employees today
will receive profit sharing as part of the company's $1.1 billion total payout for 2014 – the largest
payment in the company's history – in recognition for their
industry-leading performance. The airline is paying more than
$110 million to its Minnesota-based employees.
"At Delta, we believe that people, values and culture drive our
success," said Richard Anderson,
Delta's chief executive officer. "We call it the 'Delta
Difference.' It is essential for our employees to have an ownership
stake in our business and share in the record-breaking achievements
they helped create. Thank you to Delta's 80,000 people worldwide,
who made 2014 an exceptional year by taking great care of our
customers."
Total individual payouts will equal more than 16 percent of
employees' eligible 2014 earnings, which equates to an average of
nearly two months' salary. In October
2014, Delta paid a 5 percent advance on profit sharing to
employees.
The 2014 payout is a record for the airline industry, and among
the highest for any U.S. corporation.
In addition to profit sharing, Delta's Shared Rewards program
pays out monthly bonuses for meeting corporate operational goals
throughout the year.
In 2014, Delta employees earned more than $84 million in Shared Rewards as the company
achieved history-making operational and financial results. Delta
has paid out $2.9 billion to
employees in profit sharing and Shared Rewards during the past five
years.
Delta employees will be honored for their record-breaking
performance today at events held across its global network.
Delta Air Lines serves more than 170 million customers each
year. Delta has ranked No.1 in the Business Travel News Annual
Airline survey for four consecutive years, a first for any airline.
Additionally, Delta was named to FORTUNE magazine's top 50 Most
Admired Companies in addition to being named the most admired
airline for the third time in four years. With an industry-leading
global network, Delta and the Delta Connection carriers offer
service to 326 destinations in 59 countries on six continents.
Headquartered in Atlanta, Delta
employs nearly 80,000 employees worldwide and operates a mainline
fleet of more than 700 aircraft. The airline is a founding member
of the SkyTeam global alliance and participates in the industry's
leading trans-Atlantic joint venture with Air France-KLM and
Alitalia as well as a newly formed joint venture with Virgin
Atlantic. Including its worldwide alliance partners, Delta offers
customers more than 15,000 daily flights, with key hubs and markets
including Amsterdam, Atlanta, Boston, Detroit, Los Angeles,
Minneapolis/St. Paul, New York-JFK, New York-LaGuardia,
Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita.
Delta has invested billions of dollars in airport facilities,
global products, services and technology to enhance the customer
experience in the air and on the ground. Additional information is
available on delta.com, Twitter @Delta, Google.com/+Delta,
Facebook.com/delta and Delta's blog takingoff.delta.com.
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SOURCE Delta Air Lines