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In 2005, Delta joined other big airline companies, ... In response to the pandemic, Bastian decided to go without half his salary for the year, nearly $946,000, in 2020. Meanwhile, the pandemic ...
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
In 2023, Bastian's total compensation from Delta was $34.2 million, representing a CEO-to-median worker pay ratio of 336-to-1. [12] In 2024, Delta Air Lines went into a weeklong operational meltdown following the 2024 CrowdStrike incident while peer airlines quickly resumed normal operations. [13]
Delta Air Lines is a major airline in the United States headquartered in Atlanta, Georgia. [1] It is the United States's oldest operating airline and the seventh-oldest operating worldwide . [ 6 ] Delta, along with its regional subsidiaries and contractors operating under the brand name Delta Connection , operate over 5,400 flights daily and ...
Revenue growth from additional premium seats may help the airline meet or exceed its pre-pandemic average ... rising maintenance costs and salaries. ... A Delta Air Lines jet leaves the gate ...
David C. Garrett Jr. (July 6, 1922 – June 2, 2012) was an American businessman who was the CEO of Delta Air Lines from 1978 to 1987. [1]Plaque honoring Garrett at the Georgia Aviation Hall of Fame
Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former chief executive officer (CEO) of Delta Air Lines. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. He became CEO of Delta in 2004, a time of financial crisis for the airline.
Delta Air Lines reported vastly improved earnings in the first quarter, ... It posted the increase despite the average revenue passengers paid to fly every mile slipping 2% in the period ...