Delta Sets Record For Revenue In Single Year Employees To Get 1 6b Profit Share

Delta Sets Record For Revenue In Single Year Employees The $1.6 billion profit sharing pool – a record for a u.s. based company – translates to a 16.7 percent payout for eligible employees. "delta would be nothing without our 90,000 people worldwide,” said delta ceo ed bastian. “they deserve all the credit for our success, and we are proud to recognize their extraordinary work with a $1.6. Summary. delta air lines employees receive a 10.4% profit sharing cheque of eligible earnings, totaling $1.4 billion across the workforce. delta's 2023 net profit of $4.6 billion allowed for a larger payout compared to $563 million in 2022 and $108 million in 2021. the airline offers other initiatives, such as an emergency savings program.

Following 1 6b Profit Sharing Payout Delta Unveils Thank You Plane June quarter 2024 gaap financial results. operating revenue of $16.7 billion. operating income of $2.3 billion with an operating margin of 13.6 percent. pre tax income of $1.8 billion with a pre tax margin of 10.6 percent. earnings per share of $2.01. operating cash flow of $2.5 billion. On valentine’s day every year, employees get their profit sharing check, reflecting the carrier’s results for the year. for 2023, delta employees have been rewarded with 10.4% of their eligible earnings, representing more than one month of pay. for some frontline employees, this might amount to a few thousand dollars, while for some pilots. Delta people earned $1.4 billion in profit sharing and $53 million in shared rewards for the year, recognizing the outstanding performance of delta's 100,000 employees delta ranked no. 13 in the u.s. on glassdoor's best places to work list, the 8th year in a row the company has been named a best place to work by glassdoor. We remain confident in our full year targets for earnings of $6 to $7 per share and free cash flow of $3 to $4 billion." march quarter 2024 gaap financial results. operating revenue of $13.7 billion. operating income of $614 million with an operating margin of 4.5 percent. pre tax income of $122 million with a pre tax margin of 0.9 percent.