Quote:
Originally Posted by Wedge Buster
Look at what JA makes
280,000+282,066=$562,066
plus 208,000 shares in stock options
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I'm not sure if you're presenting this in a positive or negative light. This is on par with airline executive pay at the >$1B revenue level.
A few examples:
Alaska Air Group's Ayer @ $479K (no stock options exercised)
AMR's Arpey @ $581K + $481K stock options exercised
Mesa's Ornstein @ $533K + $2.84M stock options exercised
United's Tilton @ $687K + $1.06M stock options exercised
Notice that most of these airlines either a) aren't making money/just recently began making money or b) have a disgruntled pilot labor force. The management at Skywest has done an outstanding job of creating shareholder return
and an airline that pilots like to work at. (In fact, Skywest made more profit per dollar of revenue last year than Mesa.)
If that doesn't deserve a reward, I don't know what does. Management has a responsibility to shareholders
and employees. Skywest is perhaps one of the few airlines that has upheld both sides of this responsibility effectively.
In closing, I'd like to say that I'll be joining Skywest in a couple of weeks. Although there are some valid arguments for bringing ALPA on property, I believe the opposing camp holds a stronger position. Skywest management has a potent recipe for success, and every Skywest pilot I've talked to loves working there. Why would management change that? Why would the pilots want to change that?