Just chucking one in, but from some years of observation, I'd have thought that in most industries, someone with direct responsibility for a pretty expensive bit of plant & equipment, 8-20 direct reports and 150-500 customers, requiring a fairly high degree of technical knowledge, is going to (should) get paid fairly well.
Maybe a related question might be,
Could someone please explain to me why a QF senior manager should at the end of the day earn more than an equivalent senior manager at another carrier?
Do the qf senior managers run the company more efficiently? Is it more difficult to run the particular qantas company? Are their working conditions harder?