Deltashutterstock_2231816951

Source: Markus Mainka / Shutterstock.com

Delta Airlines is to award its employees a bonus payment from a pot totalling $1.4 billion (£1.1 billion) due to its strong 2024 profits and centennial anniversary.

On its profit-sharing day, on 14 February, eligible employees will receive an estimated payout of 10% of their earnings, which represents an average of five weeks’ worth of additional pay.

According to the airline, shared success is core to its values, and profit sharing is a key element of its commitment to total compensation for a strong performance.

Delta’s profits has enabled it to reward its employees with more than $10 billion (£8.2 billion) in profit sharing over the last 10 years.

Allison Ausband, chief people officer of Delta, said: “This year’s profit-sharing payout is a testament to the hard work of Delta people. They recognise that our commitment to safety and world-class service builds trust with our customers, who, in turn, reward Delta with their loyalty.”

Ed Bastian, chief executive officer of Delta, added: “2024 was a great year for Delta, with our results reflecting differentiation from the industry and increased durability. Our people finished the year strong. Sharing Delta’s success is core to our culture, and I’m excited to recognise our people’s outstanding efforts, and their unmatched professionalism, teamwork and dedication to excellence.

“As we move into 2025, we expect strong demand for travel to continue. Our differentiated strategy and best-in-class operations, combined with demand strength and an increasingly constructive industry backdrop, position us to deliver the best financial year in Delta’s 100-year history, with pre-tax income greater than $6 billion (£4.9 billion), earnings per share greater than $7.35 (£6.01) and free cash flow of more than $4 billion (£3.2 billion).”

The airline also invests in employees by offering competitive base pay with annual pay increases, monthly shared rewards for achieving operational goals, free financial coaching, with the ability to earn $1,000 for emergency savings, and generous contributions to 401(k) retirement savings plans.