Delta to cut jobs in management, salaried ranks

[jsvh]

Originally Posted by onemanarmy

so until I see some concrete evidence, I doubt this is good for the rank in file.

Of course. You have already come up with your conclusion and are trying to find evidence to support it.

Few airlines offer any profit sharing. So to be offering 10 to 20% of profits directly back to employees plus a 14.5% raise. It is quite impressive how some can try to spin it to a bad story.

Delta is doing it right.

[onemanarmy]

Well, I'm a professional skeptic and an accountant by trade. I suppose, despite of any evidence, I could believe it's true. My original quote merely suggested more information is needed, I didn't not draw any conclusions.

You suggested that evidence was there (without providing a link), so I looked at the quarterly report. The quarterly report showed profit sharing increased 37% and salaries increase 6%. from 2015 to 2014.

So since you are the CEO of Delta, please point me in the right direction, or should I just believe you.

[jsvh]

"Currently Delta shares 10% of the first $2.5 billion in annual adjusted pre-tax profit with employees and shares 20% of profit above that. Starting with payouts in 2017, the formula will change — the 20% payout will start when pre-tax profit tops the previous year's amount."

Delta Air Lines giving 14.5% raise to many of its employees | USA Today