Delta Air Lines giving employees $1,250 appreciation payments in February

United States News News

Delta Air Lines giving employees $1,250 appreciation payments in February
United States Latest News,United States Headlines
  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 53%

In a memo Thursday, CEO Ed Bastian told employees that they would get a 'special profit sharing payout' of $1,250 on Feb. 14, otherwise known as Employee Appreciation Day.

Although the Atlanta-based airline was only profitable for the second half of the year, the carrier is still able to offer a one-time profit-sharing payment to all of its current employees, according to Bastian.

Flight attendants hand out refreshments to a packed Delta Airlines flight traveling from Ronald Regan National Airport to MinneapolisSaint Paul International Airport on Friday, May 21, 2021. "Thanks to your extraordinary efforts, we are the only major U.S. airline that will report a profit during the second half of 2021," Bastian said. The chief executive added that "this is a truly remarkable achievement" especially during "continuing challenges, including one of the most difficult holiday environments" the airline has ever encountered. to employees, Bastian explained that those who worked the entire year will get the full $1,250 payment.

The "thank-you" payment to employees comes as a new skirmish breaks out between largely non-union Delta and the nation’s largest union of flight attendants. The union accuses Delta of pressuring employees to return to work too soon after contracting the virus. Delta lobbied the U.S. Centers for Disease Control and Prevention last month to reduce the recommended quarantine period from 10 days to five days for vaccinated people who contract the virus, with Bastian and other Delta officials saying that the 10-day standard "may significantly impact our workforce and operations."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FoxBusiness /  🏆 458. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Navient Settles Predatory Student Loan Claims for $1.85BNavient Settles Predatory Student Loan Claims for $1.85BNavient, a major student loan servicing company, has settled allegations of predatory lending practices for $1.85 billion
Read more »

Navient settles predatory student loan claims for $1.85BNavient settles predatory student loan claims for $1.85BThe settlement requires Navient to explain the benefits of income-driven repayment plans and to offer to estimate income-driven payment amounts before placing borrowers into optional forbearances.
Read more »

Golden Beer Can: Budweiser launches Willy Wonka-inspired contest with $1 million prizeGolden Beer Can: Budweiser launches Willy Wonka-inspired contest with $1 million prizeBudweiser is giving everyone a chance to feel like Charlie in 'Willy Wonka & the Chocolate Factory' by launching a nationwide contest with a $1 million prize.
Read more »

$1.3B of Bitcoin Withdrawn from Exchanges as Miners' Reserves Reach Yearly High$1.3B of Bitcoin Withdrawn from Exchanges as Miners' Reserves Reach Yearly HighBitcoin miners' reserves tapped a new one-year high following massive accumulation, while $1.3 billion in BTC was transferred out of exchanges in a day.
Read more »

Illinois AG Kwame Raoul announces $1.85B settlement with student loan provider NavientIllinois AG Kwame Raoul announces $1.85B settlement with student loan provider NavientA number of state attorney generals gathered virtually Thursday morning to discuss their settlement on a $1.85 billion with a loan servicing company.
Read more »

Settlement: Navient agrees to cancel $1.85B in student loan claimsSettlement: Navient agrees to cancel $1.85B in student loan claimsNavient will cancel $1.7 billion in delinquent private student loans for nearly 66,000 borrowers.
Read more »



Render Time: 2025-02-24 20:31:34