PPRuNe Forums - View Single Post - QF AUS Letdown: Australia's highest paid Company CEO.
Old 17th Sep 2019, 12:09
  #21 (permalink)  
t_cas
 
Join Date: Feb 1999
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Originally Posted by a_pilot
Qantas, CEO pay = $23.9 million, revenue = $18 billion, fleet size 130

let's compare what other airline CEO's get: (converted to AUD)

2018 pay:
American airlines = CEO $17.6 million, revenue = $65.2 billion, fleet size 940 (largest airline in the world)
Delta airlines = CEO $22 million, revenue = $70 billion, fleet size 915 (2nd largest airline in the world)
United Airlines = CEO $15.4 million, revenue = $60.4 billion, fleet size 787
Southwest airlines = CEO $11.3 million, revenue = $32.2 billion, fleet size 753

From the 4 above, the average CEO in the US earns about $2.9 ($2.7 - $3.1) million per every $10 billion of revenue. This means the Qantas CEO should only earn about $4.9 - 5.6 million based on the Qantas revenue.

Qantas isn't even in the top 10 (regarding airline size ranking) yet the CEO earns more than the some of largest airlines in the world,

https://skift.com/2018/05/29/these-u...ney-last-year/
The US airlines would love to also generate TWICE the revenue per aircraft as QF seems to achieve on those metrics......

something about monopolistic position in the markets it operates in.
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