Several U.S. airlines that were in the black last year for the first time since 2007 are sharing some of their profits with employees.
Delta and United Continental said Monday they’re paying out profit-sharing bonuses. Delta Air Lines Inc. is doling out $313 million to its more than 80,000 employees. United Continental is handing out $224 million to its 87,000 employees.
United Continental earned a combined $854 million for 2010. Revenue rose almost 19 percent to $34 billion. Delta earned $593 million. Revenue rose 13 percent to $31.76 billion.
US Airways said last month its full-year profit resulted in profit-sharing bonuses of $47 million for its employees.
Some airline employees also get bonuses for certain performance metrics — if the company runs a certain percentage of its flights on time, for example.
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Someone at the AP should fact check this article. United has 87,000 employee’s but 9000 of the flight attendants did not receive profit sharing checks on the 14th like the rest of the 78,000 employees.