Delta Pay
I have a friend who is a sim instructor for Delta. He had a captain who had been downgraded from the MD-11 to the left-hand seat of the 767. He wasn't very happy and complained that he had to take a $50,000 cut in pay. When asked what his MD-11 pay was, the guy said it was $350,000!. My final monthly pay cheque after tax as a Captain for Air Europe Italy was about $6000 and that included expenses. AEI also went bust. They don't go into Chapter 11 in Europe--they just go bust. To quote Warren Buffett
the financial guru "anyone who puts money into airlines needs his head examined".