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-   -   Delta employees getting another 1.1B Reward (https://www.airlinepilotforums.com/spirit/111489-delta-employees-getting-another-1-1b-reward.html)

CMFIC 02-15-2018 06:55 PM

Delta employees getting another 1.1B Reward
 
Delta Air Lines announced that its 80,000 employees will receive $1.1 billion in profit sharing.
Over the past 5 years, Delta employees have earned more than $5 billion in profit sharing.
In January, Delta reported $3.6 billion in total profits for 2017
For the fourth year in a row, Delta Air Lines employees have earned more than $1 billion in profit sharing. The Atlanta-based airline announced on Wednesday that its 80,000 employees will receive $1.1 billion for their exemplary work in 2017.

"This is the fourth year in a row that Delta’s profit sharing has topped $1 billion — a milestone no company in history has ever achieved," the airline's CEO Ed Bastian said in a statement. "Delta people are the reason for our success and Valentine’s Day is our favorite day each year as we celebrate the incredible results our people have delivered."

Delta employees received $1.1 billion in 2015, $1.5 billion 2016, and another $1.1 billion in 2017.

The airline has paid out more than $5 billion in profit sharing over the past half decade.

In January, Delta reported $3.6 billion in profits for 2017, down 18% from the $4.4 billion the airline made in 2016.

According to Delta, total annual compensation at the airline has increased by 80% since 2008. This includes a 6% raise in base pay in 2017 and an 18.5% raise in 2015.

Delta isn't the only airline sharing the wealth with its employees. United Airlines employees earned $349 million in profit sharing for 2017. American Airlines staff earned $241 million. Southwest employees earned $543 million. While Alaska Airlines staff — including Virgin America and Horizon Air — will get a $118 million annual performance bonus.

THRIDLEOPDES 02-16-2018 05:36 AM

Yup !!
Heard you loud and clear.
One has to remember how he/she would have felt reading this before having any TA on the table.

SilentLurker 02-16-2018 05:42 AM

Delta employees getting another 1.1B Reward
 
Is that good ol’ DL performance bonus distributed to Endeavor Pilots as well? Or is it just mainline that gets those higher % cut of $1.1Billion.

NKSpilot 02-16-2018 06:21 AM

Wrong forum. This is Spirit where employees are not valued.

AirbusA321Pilot 02-16-2018 06:26 AM

We are low tier, we don't deserve a bonus. Have you learned nothing.

P56C 02-16-2018 06:30 AM


Originally Posted by AirbusA321Pilot (Post 2529933)
We are low tier, we don't deserve a bonus. Have you learned nothing.

Well, that's up to the pilot group. We'll see what the NK group consider themselves on the 28th.

Sent from my SM-G955U using Tapatalk

NKSpilot 02-16-2018 06:35 AM


Originally Posted by P56C (Post 2529937)
Well, that's up to the pilot group. We'll see what the NK group consider themselves on the 28th.

Sent from my SM-G955U using Tapatalk

Hahahahhaaha

g4downin 02-16-2018 06:39 AM

Stop the boarderline communistic envy crap. Spirit is not Delta. When you complain about one group getting more than another, you look like children complaining that you didn’t get as many animal crackers as your kid sister.

AirbusA321Pilot 02-16-2018 06:58 AM


Originally Posted by P56C (Post 2529937)
Well, that's up to the pilot group. We'll see what the NK group consider themselves on the 28th.

Sent from my SM-G955U using Tapatalk

LOL!!!!!!!!!!!!!!!

Douglas9 02-16-2018 07:05 AM

Go work for Delta. You’ll never get what you want from Spirit.

Beans 02-16-2018 10:35 AM


Originally Posted by AirbusA321Pilot (Post 2529933)
We are low tier, we don't deserve a bonus. Have you learned nothing.

Your worth what your pilot group is willing to fight for. This TA passing in a week by a large margin will prove that once again.

AirbusA321Pilot 02-17-2018 08:19 AM


Originally Posted by Beans (Post 2530146)
Your worth what your pilot group is willing to fight for. This TA passing in a week by a large margin will prove that once again.

Sadly, have to agree with you.

RJSAviator76 02-17-2018 01:53 PM

The man proves he’s worth every penny of it.

https://uploads.tapatalk-cdn.com/201...afca4bda59.jpg

UNSUBSCRIBE 02-17-2018 01:57 PM


Originally Posted by RJSAviator76 (Post 2531032)
The man proves he’s worth every penny of it.

https://uploads.tapatalk-cdn.com/201...afca4bda59.jpg


Kinda hysterical that Oscar Munoz makes as much as he does considering how poorly United is run. That airline will no doubt be the first of the Legacies to file BK...................again....................

RJSAviator76 02-17-2018 02:06 PM


Originally Posted by UNSUBSCRIBE (Post 2531040)
Kinda hysterical that Oscar Munoz makes as much as he does considering how poorly United is run. That airline will no doubt be the first of the Legacies to file BK...................again....................

Yep, and it also shows that Discount Fares≠Discount CEO, but thanks to the brilliance of this CEO, Discount Fares = Discount Pilots. The man has truly earned every penny and then some!

Happy Grapes 02-17-2018 02:11 PM


Originally Posted by RJSAviator76 (Post 2531050)
Yep, and it also shows that Discount Fares≠Discount CEO, but thanks to the brilliance of this CEO, Discount Fares = Discount Pilots. The man has truly earned every penny and then some!

Oh no!!!!! Now you got me all riled up! I’ve changed my mind based on the convincing argument you just made!

Foolish.

Basing our TA as a comparison to Bob’s pay is as foolish as saying United pilots should make X times more than other airlines because of Oscar

RJSAviator76 02-17-2018 02:22 PM


Originally Posted by Happy Grapes (Post 2531053)
Oh no!!!!! Now you got me all riled up! I’ve changed my mind based on the convincing argument you just made!

Foolish.

Basing our TA as a comparison to Bob’s pay is as foolish as saying United pilots should make X times more than other airlines because of Oscar

Having only a 115ish aircraft hasn't stopped your CEO from having a proper compensation level in relation to his peers. Why does it stop you?

Happy Grapes 02-17-2018 03:54 PM


Originally Posted by RJSAviator76 (Post 2531056)
Having only a 115ish aircraft hasn't stopped your CEO from having a proper compensation level in relation to his peers. Why does it stop you?

Sorry man, your childish tactics dont really work. Do you think I am going to take the ridiculous bait with "yeah, you're right! Im mad!"

Its not about compensation relative to the CEO. Its about taking a deal that provides the protections this pilot group MUST HAVE at this point in time.

But you're a big man. Trolling the Spirit forums, trying to fake motivate people with your simple and pathetic attempts to sway favor.

RJSAviator76 02-17-2018 04:06 PM


Originally Posted by Happy Grapes (Post 2531109)
Sorry man, your childish tactics dont really work. Do you think I am going to take the ridiculous bait with "yeah, you're right! Im mad!"

Its not about compensation relative to the CEO. Its about taking a deal that provides the protections this pilot group MUST HAVE at this point in time.

But you're a big man. Trolling the Spirit forums, trying to fake motivate people with your simple and pathetic attempts to sway favor.

Uh no... actually, fair disclosure, I'm a SAVE stockholder who stands to gain from you signing a subpar contract. Now, I also happen to be a fellow airline pilot who wants to see you achieve parity... but whatever floats your boat. I'm making money either way. ;)

Happy Grapes 02-17-2018 04:10 PM


Originally Posted by RJSAviator76 (Post 2531126)
Uh no... actually, fair disclosure, I'm a SAVE stockholder who stands to gain from you signing a subpar contract. Now, I also happen to be a fellow airline pilot who wants to see you achieve parity... but whatever floats your boat. I'm making money either way. ;)

Oh, a stock holder...:rolleyes:

Tranquility 02-17-2018 04:18 PM


Originally Posted by RJSAviator76 (Post 2531126)
Uh no... actually, fair disclosure, I'm a SAVE stockholder who stands to gain from you signing a subpar contract. Now, I also happen to be a fellow airline pilot who wants to see you achieve parity... but whatever floats your boat. I'm making money either way. ;)

Just curious, as a fellow trader, what was your average buy point on SAVE??

Disclosure, I’ve refused to buy my own company’s stock unless it reached a ridiculously low level....


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