Power Breakfast: Profit sharing for Delta employees, HOPE cuts, Atlanta pensions, schools, Obama’s budget, flower deals

Delta Air Lines said will pay out $313 million in profit sharing to employees for the company’s 2010 financial performance, AJC writes Kelly Yamanouchi reports.

Delta reported a $593 million profit for 2010, and most employees will get payments of about 6.5 percent of their 2010 eligible earnings, Yamanouchi writes.

The payments will go to employees below the general manager, director and officer levels at Delta.

This is the first time Delta has paid out profit-sharing to employees since it made payments for its 2007 financial performance, though it has paid out other types of bonuses in the years since, Yamanouchi writes.

Also in the AJC:

In other media:

- Henry Unger, The Biz Beat

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2 comments Add your comment

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mc

February 14th, 2011
8:43 am

Did the State bail-out Delat once – should not the taxpayers get some of this money! Gotta love “Capitalism”…