Delta Employees Earn $506 Million in Profit Sharing for 2013 Performance
Fourth consecutive year airline pays profit sharing
$598 million combined total for profit sharing and operational performance
incentives in 2013
ATLANTA, Feb. 14, 2014
ATLANTA, Feb. 14, 2014 /PRNewswire/ --Delta Air Lines (NYSE: DAL) today will
pay its employees more than a half-billion dollars in earned profit sharing –
the highest payout in company history – in recognition for their
industry-leading performance in 2013. Employees' individual payouts will equal
8.26 percent of their eligible 2013 earnings.
"Thank you to Delta's nearly 80,000 people worldwide who made 2013 a banner
year for Delta through the strong work ethic and valuesthey demonstrate every
day," said Delta CEO Richard Anderson. "This year's profit sharing payment is
a reflection of their hard work and of our conviction that if we take care of
our employees, they take care of our customers and that enables our
shareowners to succeed."
Along with base pay, Delta provides employees with additional compensation
elements like profit sharing, designed to allow employees to earn more when
the company performs well. Additionally, Delta employees can earn monthly
bonuses for meeting corporate operational goals throughout the year, known as
In 2013, Delta employees help achieve the corporate financial and operational
goals earning $91.7 million in Shared Rewards, which, combined with profit
sharing, totals $598 million in bonus performance pay for the year. Delta has
paid out nearly $1.7 billion in profit sharing and Shared Rewards during the
past four years.
Today, hundreds of employee celebrations are happening at Delta facilities
across its global network.
Delta Air Lines serves nearly 165 million customers each year. This year,
Delta was named the 2014 Airline of the Year by Air Transport World magazine,
marking the first time in a decade that a North American-based carrier has
earned the distinction. With an industry-leading global network, Delta and the
Delta Connection carriers offer service to 322 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 hubs in Amsterdam, Atlanta, Cincinnati,
Detroit, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles
de Gaulle, Salt Lake City and Tokyo-Narita. Delta has invested billions of
dollars in airport facilities and 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.
SOURCE Delta Air Lines
Contact: Delta Corporate Communications, 404-715-2554
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