Delta giving bonuses to managers following pandemic pay cuts

Delta CEO: ‘Starting to see a return of demand’ in air travel

Delta Air Lines CEO Ed Bastian provides an update on the travel industry since taking a hit from the pandemic.

Delta Air Lines is reportedly giving bonuses to managers who received pay cuts as a result of the pandemic.

The Atlanta-based airline will hand out as much as $250,000 in bonuses to individual executives, Delta CEO Ed Bastian told employees in a memo on Monday, as first reported by View From the Wing.

Delta reportedly giving bonuses to managers who received pay cuts as a result of the pandemic. (iStock). 

Payouts will reportedly start at $8,000 for managers, $25,000 for general managers, between $25,000 and $250,000 for directors and managing directors, and $250,000 or more for senior vice presidents, an airline spokesperson confirmed to View from the Wing.

Delta employees working in non-management roles, as well as members of the airline's flight crews, will not be receiving any pay adjustments, the outlet reported.

DELTA WILL BRING BACK 400 PILOTS BY 2021, ACCORDING TO A REPORTED MEMO

The bonuses come as airlines get more funding from federal aid. Delta was given $5.4 billion through the CARES Act last March, a $25 billion federal aid initiative put in place to help companies avoid having to lay off staff.

Delta reportedly will also allow 400 pilots to resume full-time flying status by this summer, according to a memo released in January obtained by Reuters.

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The major U.S. airline reported a $755 million loss for the fourth quarter and a staggering $12.4 billion in losses for 2020 as the travel industry plunged during lockdowns and travel restrictions.

Janine Puhak contributed to this report 

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