Old 27th Jul 2014, 09:35
  #28 (permalink)  
onetrack
 
Join Date: Nov 2004
Location: Perth - Western Australia
Age: 70
Posts: 1,804
Reducing the exorbitant senior corporate and senior executive salaries to the same level that these corporate people want pilots to work at, should solve all the airline profitability problems in one go.
There's at least one American ex-CEO, of one large Australian company who has retired very comfortably to the U.S. after extorting a "pension" of AU$1M annually from that company, for his retirement.
Naturally, it's payable to the day he dies, and no doubt it's indexed, too. This pension was in addition to all his other retirement benefits that came with his "salary package".
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