Grassroots Efforts at DL for ACS and FAs, no personal attacks.
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http://www.aviationpros.com/news/11842591/delta-to-share-the-wealth-with-employees
Feb. 12--Friday is profit-sharing day at Delta Air Lines, when the carrier will distribute two months of bonus pay to its employees -- including nearly 10,000 workers in Minnesota.
"We will pay $110 million in cash to those (Minnesota) employees on profit-sharing day," Delta CEO Richard Anderson said in an interview Thursday. "So it's going to be good for the state of Minnesota. We're proud of it, and we're going to celebrate it around our system."
Profits in the airline industry are notoriously erratic, but 2014 turned out to be a banner year, with Atlanta-based Delta reporting record earnings of $2.8 billion. It will distribute $1.1 billion to its employees worldwide.
Delta continues to be the dominant airline at Minneapolis-St. Paul International Airport, and has operations here dating from its pre-merger days as Northwest Airlines.
Anderson said Delta employees also will be thanked Friday at company-sponsored celebrations -- "mainly we provide good food" -- but workers still have an airline to run, so they'll be eating when there's a lull.
This year's big profit-sharing payouts, however, also seem to come with a corporate message. And that message is: Delta employees do better not joining a union, and doing so could jeopardize those profit-sharing payments.
"The Machinists (union) approach is anti-profit-sharing, if you take the example of what they just most recently did in a contract negotiation with America Airlines," Anderson said, adding that the union "gave up profit-sharing for a 3 or 4 percent raise.
"
Feb. 12--Friday is profit-sharing day at Delta Air Lines, when the carrier will distribute two months of bonus pay to its employees -- including nearly 10,000 workers in Minnesota.
"We will pay $110 million in cash to those (Minnesota) employees on profit-sharing day," Delta CEO Richard Anderson said in an interview Thursday. "So it's going to be good for the state of Minnesota. We're proud of it, and we're going to celebrate it around our system."
Profits in the airline industry are notoriously erratic, but 2014 turned out to be a banner year, with Atlanta-based Delta reporting record earnings of $2.8 billion. It will distribute $1.1 billion to its employees worldwide.
Delta continues to be the dominant airline at Minneapolis-St. Paul International Airport, and has operations here dating from its pre-merger days as Northwest Airlines.
Anderson said Delta employees also will be thanked Friday at company-sponsored celebrations -- "mainly we provide good food" -- but workers still have an airline to run, so they'll be eating when there's a lull.
This year's big profit-sharing payouts, however, also seem to come with a corporate message. And that message is: Delta employees do better not joining a union, and doing so could jeopardize those profit-sharing payments.
"The Machinists (union) approach is anti-profit-sharing, if you take the example of what they just most recently did in a contract negotiation with America Airlines," Anderson said, adding that the union "gave up profit-sharing for a 3 or 4 percent raise.
"
Looks like Anderson and the Gang got some Extra today:
http://www.reuters.com/finance/stocks/insiderTrading?symbol=DAL&name&pn=1&sortDir&sortBy
http://www.reuters.com/finance/stocks/insiderTrading?symbol=DAL&name&pn=1&sortDir&sortBy
http://www.twincities.com/business/ci_27514648/delta-air-lines-share-wealth-minnesota-employees
Delta gives its state workers $110M piece of profits pie
Delta gives its state workers $110M piece of profits pie
"Whether you believe me or not, our status is special and it is coveted. I want each and every one of you to look back in 25 years and know your investment in Delta was on your terms. If we allow the IAM in our house, you will never enjoy this unique status, ever again."
Kevin Lee Jennings
Kevin Lee Jennings
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