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Delta raises employee pay 5%, second increase in a year - TL;DR CNBC

Delta raises employee pay 5%, second increase in a year

Publishing timestamp: 2023-02-07 18:05:20


Summary

Delta Air Lines is raising employee pay by 5%, the second time it has done so in less than a year, as travel rebounds and the US labor market remains tight. The pay hikes do not apply to Delta's pilots, who are voting on a new contract proposal that includes 34% raises over four years. Delta posted a $1.32 billion profit last year and is planning to pay its staff more than $550 million in shared profits later this month.


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Tickers: DAL

Keywords: transportationed bastiandelta air lines inctravelairlineslifebreaking news: businessaerospace and defense industrybusinessunited statesbusiness news

Source: https://www.cnbc.com/2023/02/07/delta-raises-employee-pay.html


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