PPRuNe Forums - View Single Post - Pension damage at United
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Old 23rd June 2006 | 01:17
  #25 (permalink)  
Ignition Override
 
Joined: Jul 2000
Posts: 1,598
Likes: 11
From: Down south, USA.
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Re-Heat, 20 Driver and many others can state the truth about this business without, eh, conveniently forgetting where much of the problem lies, the corporate leadership, or lack thereof. What is the background required for a typical airline CEO? Here is a hint-not in aviation (at least CO's former CEO Gordon Bethune has a B-757 type-rating and has delivered the plane from the factory). How long typically is an airline CEO's career? Maybe four years? Sure, it is a very strenuous, tough business. But if things don't work out for the CEO, he often receives $70,000 US per month, for life-in addition to company stock.

And the guaranteed pension for staff who were not just responsible for the aircraft, but had extremely valuable cargo or lives in their own hands for 25-30 years?
At least most on this thread choose to avoid cheapshots by way of smug, calloused, self-righteous comments, so beloved by one or two others.

Last edited by Ignition Override; 23rd June 2006 at 04:01.
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