I think you will find passenger growth at the airport was below projections before September 11th. Growth was slower than expected as a direct result of Easyjet at LPL.
Whatever private business sector you look in there is a huge variation in wages paid for comparable jobs. That is free market capitalism for you - supply and demand.
As far as the directors huge pay rises are concerned I have to agree with you. It is a symptom of the greedy "fat cat" culture which prevails in the boardrooms of most British companies. The attitude is
- costs have been cut by £xxxxxxxx, job well done, pay rises all round!