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Delta to pay half a billion in employee profit sharing

Friday, 13 January 20233 min read
Delta to pay half a billion in employee profit sharing

Delta reported a full year airline profit and will pay over $500 million in employee profit sharing.

It is the first profit sharing since 2019.

It posted full year revenue of $45.6 billion, which is 2% lower than 2019.

It had pre-tax income of $2.7 billion.

Delta now has operating cash flow of $6.2 billion.

“Delta people rose to the challenges of 2022.  I’m looking forward to recognizing their achievements with $500 million in employee profit sharing,” said CEO Ed Bastian.

“We expect to grow 2023 revenue by 15-20%.”