Iberia and the Spanish Pilots Union (SEPLA) have finalized a new agreement that extends their current contract and introduces a profit-sharing model for pilots. This agreement reflects a commitment to employee participation in the airline’s success and aims to create a more equitable distribution of profits across the entire Iberia Group.
Results for: Profit-Sharing
Delta Air Lines’ CEO, Ed Bastian, recently announced a 5% pay increase for employees. This marks the third consecutive year of raises for the airline’s workforce, in addition to a $1.4 billion profit-sharing distribution. Bastian highlighted the importance of investing in employees as a key principle for leaders, stating that their contributions are the foundation of great customer service and business success.