Delta Air Lines

Headquarters:
1030 Delta Boulevard
Atlanta, GA 30320
Employees: 81,700
CEO: Richard Anderson
Stock Symbol: DAL

Website: http://www.delta.com

Career Site

Delta is the world's largest airline and is based in Atlanta. The company acquired Northwest Airlines in a deal worth $2.7 billion that closed in October. Northwest planes and name will be changed over to Delta in 2009.

With its acquisition of Northwest Airlines, Delta Air Lines is now the world’s largest airline. From its hubs in Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Paul, New York-JFK, Salt Lake City and Tokyo-Narita, Delta and its Northwest subsidiary offer service to 377 destinations worldwide in 66 countries and serve more than 170 million passengers each year.

Including its SkyTeam and worldwide codeshare partners, Delta offers 16,000 flights worldwide.

Delta headquarters remain in Atlanta with executive offices in Minneapolis/St. Paul (former Northwest headquarters), New York, Tokyo, Amsterdam and Paris.

In 2008, Delta had total revenues of $22.69 billion and net loss of $8.9 billion. Delta was hurt in the fourth quarter by falling fuel prices after hedging that prices would remain high. At the end of 2008, Delta was paying an average of $3.01 per gallon of jet fuel.

The combined airline reported a passenger load factor of 82.4% for 2008. The company has a total of 1,147 planes in service. Most of the planes it flies are Boeing 757s and McDonell-Douglas MD-88.

The company paid out $500 million to Delta and Northwest employes for pension and retirement contributions along with $56 million in combined Shared Reward and Incentive Program payments, pay raises and merger-related equity awards.

Delta announced in January it would raise prices for checked baggage to $25 for the first bag and $35 for the second one. A $2 discount would be given to online payments.

History

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.

Benefits

- 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.
- Vacation/holidays.
- Educational assistance reimbursement.
- Flexible spending accounts - dependent day care and health care.
- Adoption reimbursement.
- Full-service credit union.

Updated January 17, 2010

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