Quantcast
Get breaking news alerts via email

Click here to manage your alerts
At Delta, millions of reasons for workers to smile today
This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Thousands of Delta Air Lines' Salt Lake City employees will share millions of dollars when the carrier hands out profit-sharing checks Thursday.

About 3,500 people stationed at Delta's hub at Salt Lake City International Airport will receive a total of $15,723,148, Russell Cason, a spokesman for the Atlanta-based carrier, said Wednesday.

What each employee receives depends on his or her annual earnings. But the average amount per person will be around $4,500.

It's all part $372 million in earned profit-sharing going out to most of Delta's 80,000 employees. Individual payouts equal 6.67 percent of eligible compensation last year.

Profit-sharing depends on what Delta earns. Last year, it banked a net profit of $1 billion, up sharply from $854 million in 2011 on higher fares and fees.

Passenger revenue rose 5 percent, to $31.8 billion , the airline said last month.

Through the third quarter, Delta was the No. 1 airline for baggage fees, collecting $668.2 million from passengers.

The 18 percent net income gain gave Delta room to increase its profit-sharing. The amount it set aside for 2012 was 41 percent higher than in 2011.

pbeebe@sltrib.com

Twitter: @sltribpaul —

A better bottom line

Delta earned $1 billion last year, 18 percent more than in 2011.

The amount set aside for profit-sharing in 2012 was 41 percent higher than in 2011.

Payouts • 3,500 employees in Utah to split $15.7 million in 2012 profit-sharing.
Article Tools

 Print Friendly
Photos
 
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.