Delta Air Strains raises worker pay 5% as journey rebounds
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Delta Air Strains is elevating worker pay 5%, the second time its lifted workers pay in lower than a 12 months as a pointy rebound in journey boosts the service’s earnings and the U.S. labor market stays tight.
Delta raised worker pay 4% in Might, the primary will increase since earlier than the pandemic.
“Contemplating the depths of losses we suffered in the course of the pandemic, together with a $1 billion first quarter loss simply final 12 months, that is really a outstanding achievement,” CEO Ed Bastian wrote in a workers be aware on Tuesday. “I am assured that within the months and years forward, our high-performance tradition will take us to new heights, and that payout pool will proceed to develop.”
Delta mentioned the brand new raises go into impact April 1 and apply to floor employees and flight attendants. The Affiliation of Flight Attendants-CWA began a unionization marketing campaign of Delta’s cabin crew members in late 2019.
The pay hikes don’t apply to Delta’s pilots, who’re voting on a brand new contract proposal that features 34% raises over 4 years. If ratified, the pilots would get 18% raises on the date of signing.
Delta posted a $1.32 billion revenue final 12 months, recovering from a report lack of greater than $12 billion in 2020, in the course of the depths of the pandemic.
Atlanta-based Delta can also be planning to pay its workers greater than $550 million in shared earnings later this month, Bastian mentioned Tuesday.