Originally Posted by
pig dog
What a wonderful opportunity to show the nation how generous the pilot body is and how distasteful their management are for very little cost.
1) Choose a suitable (tax deductible) charity to donate to (drought relief / Red Cross / Smith Family / Salvation Army / Gay Pride etc.).
2) Let every media outlet in the country know that the entire pilot body wishes to donate their full bonuses to a worthy charity provided the pay freeze condition is removed.
3) Watch AJ scurrying and changing position re pay freeze, now explaining he would not stop a donation circa $6 million going to said charity and would pay the bonus he has already promised and made provision for.
4) July 1 2019 submit tax return including $2000 donation to charity. Receive additional $900 in your tax return.
For the majority of the pilot population, the difference between receiving the bonus paid or donating it all and claiming the deduction would be around $200. The value of the marketing coup and the exposure to the public of this outrageous “bonus” would be worth considerably more.
Precisely, it is asymmetric warfare.
That little Napoleon is detested by the broader populace and to many Australians is well remembered for October 201, a magnanimous gesture, that really would do a lot of good, would cause all sorts of indigestion in fort fumble as they desperately tried to circumvent it.
This from 2015
As is Joyce, whose remuneration package this year is about $12 million.But is the Qantas management team worth it when compared to the performance of peer airlines? From 2009 to 2015 Singapore Airlines made an aggregate net profit after tax of $3.5 billion; Cathay Pacific $4.8 billion; and Air New Zealand $898 million.Qantas in the same period lost $2.1 billion but its CEO earned almost 50 per cent more than Singapore Airlines' CEO.
In FY16 and FY17, with falling real revenue for his entire tenure, a tidy $38.5million further eclipsing his peers, not in profit, but remuneration. Lucky the options were well timed!