Employees to receive lump-sum pay benefit

[longing4piedmont]

Delta Air Lines
Employees to receive lump-sum pay benefit
By Harry R. Weber
The Associated Press
Article Last Updated: 03/07/2007 11:12:30 PM MST


ATLANTA - Delta Air Lines Inc. plans to issue a lump-sum cash payment to many employees when the airline emerges from bankruptcy this spring, according to a newsletter sent this week to workers from Chief Executive Gerald Grinstein.
The exact amount of money was not disclosed, but the newsletter said all regular employees, not including officers and directors, will receive a lump-sum payment representing a percentage of their pay.
A majority of employees also will receive grants of unrestricted stock in the reorganized Delta.


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As so for those here who wanted to question whether this management team would treat the employees fairly, you were wrong once again....That means you Mr. US320Pilot.

It is great to see a management team go to the creditors and the BOD an insist that the employees share in the future of the airline and be rewarded for their sacrifices in the past. These guys are a great management team.

 

[RDU Jetblast]

That's Classic Delta. They DO try to show their appreciation when they can.

It may be a small sum, it may be a large sum, just remember, they don't have to give any sum at all. Good luck to y'all as you emerge into the sunlight. Hope never to see you in BK again.