Absolutely ! You need a Masters Degree to get into Mahogany Row or the VIP Suites at the airlines, which is where you want to be. I would suggest that you gaduate with the absolute minimum GPA possible to obtain the degree so that airline managers will realize that you are not an overachiever. You want to get into the club but show the other top level managers that you are a slacker who wants to be promoted based on incompetence and laziness !

Great pay, good job security and you get a bonus no matter how poorly you perform, in fact the worse your performance review is, the higher the percentage of bonus pay. (At Harvard, they teach the TBPS; Tilton Bonus Compensation Scale). Also, if your airline fails, or can simply move over to another carrier and assume the same position with a higher base compensation (experience !). The PhD is not a necessity as it shows too much drive and determination.

G'Luck Mate and Congratulations !