Delta Air Lines (NYSE: DAL) has paid its employees USD 1.1bn in profit sharing for the third year in a row, the company said.
Delta employees earned the USD 1.1 billion payout for their role in delivering record-breaking operational, financial, and customer satisfaction performance. The airline has paid out nearly USD 5 billion through its profit sharing program over the past five years.
In addition to profit sharing, Delta´s Shared Rewards program pays out monthly bonuses for meeting corporate operational goals throughout the year. In 2016, Delta employees earned more than USD 90m in Shared Rewards as the company achieved history-making operational and financial results.
Employees will also receive a 6% raise in base pay in April, resulting in a total pay rate increase of 25% in two years.
Delta Air Lines serves nearly 180 million customers each year. Delta and the Delta Connection carriers offer service to 323 destinations in 57 countries on six continents. Headquartered in Atlanta, Delta employs more than 80,000 employees worldwide and operates a mainline fleet of more than 800 aircraft. The airline is a founding member of the SkyTeam global alliance and participates in the industry´s leading transatlantic joint venture with Air France-KLM and Alitalia as well as a joint venture with Virgin Atlantic.