PPRuNe Forums - View Single Post - Have around 300 pilots left RYR lately?
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Old 8th Mar 2014, 06:54
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What does seem to be common between airlines around the world is the desire to hire inexperienced pilots while senior management take lottery sized salaries and bonuses from the business each and every year. The US Airways management just shared $80m between a handful of executives. However, here Easy Jet seems to be in a class of it's own in terms of lottery payouts to its senior team. For a company with a market cap of £6.7bn, and still handing out low-paid temporary contracts to its pilots beggars belief; it's back to the cotton mill ownership business model, except this time the management team take no risk at all.
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