envy
the problem with quoting these percentage increases and comparing pay packets is that there are hundreds if not thousands of pilots in the company, but only one CEO.
Okay, so the guy earns $8M, but there is only one of him/her. So in the big picture of things it's not a lot of money.
Also think of the decisions the dude makes in an average year, shall we hedge fuel or not, shall we pay 2.1% or 2.2% to cabin crew, shall we put the new maintenance base in LA or Seattle, shall we play hardball on the lease of the terminal at JFK or not, shall we close all South American routes or cut back on Europe,777 or A350 x15, etc etc etc.
The decisions, made correctly, by the CEO, are worth tens of millions if not hundreds of millions PER decision. So I think they earn the big bucks, if they do a good job.
And don't trot out the old "we have 200 passengers lives in our hands all day". we know, it's no doubt a difficult job with it's own challenges and so forth, but there is an entire system and backups to ensure those 200 passengers arrive safely over and over again.
And, in the good old fashioned capitalistic system we live in, if you want the £8M then prove you have the skills and start climbing the greasy pole to be CEO. Willie did it at Aer Lingus and now BA....
G
Last edited by groundbum; 15th Sep 2008 at 18:10.
Reason: oopsie