Originally Posted by
inOban
Actually, because the dividend was approved at the AGM some time ago, they are legally bound to pay it. But once the airline is reduced to the minimal level needed for any continuing services, and any government support to the industry is agreed, there seems little for them to do until there is light at the end of the tunnel, when they need to plan the restart. The present situation is not the fault of either the bosses or the staff. They should share the pain equally.
Thanks for the additional insight. I guess my concern lies mainly with the highlighted part of your post now - temporary 20% pay cut for the top management and next to no pay at all for a while for those on the ground!