In an unanticipated press release Wednesday afternoon, Delta Air Line’s Board of Directors publicly announced the May 2, 2016 retirement of CEO Richard Anderson. The prominent businessman’s retirement would mark the end of a successful 16-year-career throughout not only Delta, but United Healthcare (2004-2007) and Northwest Airlines (2001-2004.) “Richard has been an outstanding leader and CEO,” Delta Air Lines Board Chairman Dan Carp said in the release. “His unique combination of strategic and operating skills, plus his commitment to employees,…
Delta Air Lines announced in a press release Friday morning that it’s employees will receive a total $1.1 billion payout as part of their profit sharing program. This will be the fifth consecutive year the airline rewards it’s employees, on top of being the largest payment in the programs history.…
[caption id="attachment_562" align="alignright" width="300"] A Delta Boeing 747-400 "smokes the mains" on arrival in Atlanta | Photo via Ryan Ewing[/caption] As oil prices rise, many airlines are beginning to or have already retired old, inefficient aircraft. Air New Zealand retired its final Boeing 747 aircraft last month, replacing it with…
