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Old 4th Sep 2010, 02:02
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UTW
 
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Buchanan gets 43% pay rise

From the Herald Sun 4th September...

"Meanwhile, the airline also released its annual report yesterday, showing Jetstar boss Bruce Buchanan received a mammoth 43 per cent increase in salary to $1.1 million.

The pay rise came as the budget carrier sank to a loss in the fourth quarter, as a drop in demand and stagnant yields put pressure on its model.

Qantas CEO Alan Joyce received a modest haircut, dropping his salary from $3.6 million to $2.9 million."
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