Interested in knowing some facts about industry-leading airlines? This is a perfect place to start! There's a lot to know about Delta Airline.
Dusting Off the History Books
Today, Delta Airline is recognized as one of the world's largest airline carriers. Delta can trace its interesting history to 1924 when the Huff Daland Duster crop, a dusting organization was founded.
Delta Airlines is committed to providing premium services and facilities to its customers. Delta had become the first US airline to offer free in-flight entertainment to its passengers in 2016. The onboard entertainment suite, Delta Studio allows the passengers to enjoy up to 300 movies, 2000songs, 18 channels of live satellite TV.
A High Flyer
Delta Airline is ranking on no. 31 on Fortune's list of the world's most admired companies for 2016. According to Fortune, this is the very first time in more than 10 years that the airline has made the list. One of the reasons for achieving such great rewards is that the company is committed to rewarding its employees. Delta Airlines has reported $8.85 billion in earnings before tax, interest, depreciation and returned about $1.12 billion to its employees through its profit-sharing program.
Seamless Ride Ahead
Replacing older flights, maintaining the upkeep of flight in service, and keeping its facilities in good shape are not cheap and affordable. In 2016, Delta Airline Airlines reported that it had an investment of over $3 billion in improved products, including 38 new aircraft and New terminals in some destinations (New York, Los Angeles, Salt Lake City).
Besides being committed to returning cash to its employees through its profit-sharing program, Delta Airlines ensures to return cash to investors. Between its dividend and share-buyback program, Delta Airlines constantly maintains the target of returning at least 70% of free cash flow to shareholders. The company has allocated more than $3 billion to dividends and stock repurchases in 2016.