Delta Air Lines
One of the world's largest airlines.
1030 Delta Boulevard
Atlanta, GA 30320
CEO: Richard Anderson
Stock Symbol: DAL
Delta Air Lines serves nearly 180 million customers each year. With an industry-leading global network, Delta and the Delta Connection carriers offer service to 328 destinations in 57 countries on six continents.
Headquartered in Atlanta, Delta is a founding member of the SkyTeam global alliance. Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights, with key hubs and markets including Amsterdam, Atlanta, Boston, Detroit, Los Angeles, Minneapolis/St. Paul, New York-JFK, New York-LaGuardia, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita.
In 2015, Delta reported total revenues of $40.7 billion, a 1% increase from the previous year. Net income was $4.52 billion.
Delta paid out $1.49 billion in profit sharing to employees in 2015, including $380 million in the December quarter, recognizing Delta employees' contributions toward meeting the company's financial goals.
The airline reported a passenger load factor of 84.9% for 2015, an increase of 0.2%. The company has a total of 926 planes in service. Most of the planes Delta flies are Boeing 737s, 757s, 767s, Airbus A-330 and McDonell-Douglas MD-88.
Delta paid an average of $2.31 per gallon for jet fuel at the end of 2015, down 19% from the previous year.
"Our 2015 performance was a record for Delta on all fronts -- with industry-leading operational performance, superior customer satisfaction, and a $5.9 billion adjusted pre-tax profit. These results show the commitment of the Delta people to running the best airline in the world every day. It's an honor to reward their performance with $1.5 billion in profit sharing for the year," said Richard Anderson, Delta's chief executive officer. "As we look ahead to 2016, we have a significant opportunity to improve our performance even further. With over $3 billion in potential savings from lower fuel prices and numerous commercial, operational and cost initiatives already in place, we expect to again perform in the top tier of the S&P Industrials on earnings growth, margins, and cash flows this year despite global economic challenges."
Delta traces its roots back to 1924, when Huff Daland Dusters was founded as the world's first aerial crop dusting organization. In 1928 the company became Delta Air Service. On June 17, 1929, Delta inaugurated airline service with the first passenger flights over a route stretching from Dallas, TX to Jackson, MS, via Shreveport and Monroe, LA. In 1941, the company moved its headquarters from Monroe to Atlanta, GA.
The company filed for bankruptcy in 2005 due to heavy losses from high fuel costs and competition in the airline industry. The company emerged from bankruptcy on April 30, 2007.
Delta merged with Northwest Airlines in October 2008 to form the world's largest commercial airline.
Delta closed its regional carrier Comair in 2012 with the loss of 1,700 jobs.
- Competitive pay.
- Worldwide travel privileges.
- Medical/dental coverage.
- A non-contributory cash balance pension plan.
- A 401(k) plan with a maximum of 2% company match.
- Life insurance coverage.
- Disability coverage.
- Educational assistance reimbursement.
- Flexible spending accounts - dependent day care and health care.
- Adoption reimbursement.
- Full-service credit union.
Updated January 20, 2016
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