Top Ten highest paid airline CEOs in the world
#21
Gets Weekends Off
Joined APC: Sep 2008
Position: Speaking French
Posts: 385
There need to be more laws in place. I know this is a capitalist country, as it should be, and that gov't input is limited, as it should be, but there simply aren't enough checks and balances in place for CEOs. More or less chop the "golden parachute". No reason to reward someone for driving their company into the ground.
At least ALPA is fighting Tilton.
At least ALPA is fighting Tilton.
#22
Line Holder
Joined APC: Sep 2008
Posts: 82
The problem is not that their salary is hurting the company, it is that they are not doing a job deserving of that ridiculous salary in the first place. Tilton is effectively running United into the ground and getting paid a ton of money to do it. If an airline is well run and turning a profit, then a CEO salary comparable to Tilton's would be fair compensation for a job well done, but you should not be making that much money for ruining an airline. Just one man's humble opinion though.
#23
Line Holder
Joined APC: Sep 2008
Posts: 82
I agree, it would be nice if the system worked with less regulation, but it doesn't. Look at the finance/bank mess we're in. A lot of it started when the oversight was pulled from financial institutions. It would be nice if we could all play nice together, but there's always some greedy SOB to screw things up. Just my 1 1/2 cents.
#24
First of all CEO salaries is not what puts airlines out of business. CEO and Unions decisions put airlines out of business. I'm no fan of highpaying CEO's nor am I'm a fan of self serving unions which is what most of them are. But to sit there and say because CEO makes a X amount of money is causing the airline to go out business is just plain foolish. I suggest you all get a copy of the book "Hard Landings". In that book it talks about both the bone head moves both CEO's and Unions contribute to demise of airlines. Southwest used to hand out that book to all it's new hire classes. Interesting look at the airline industry.
I've read "hard landings", and there are quite a few inaccuracies particularly when referring to the input from the unions. Try reading "flying the line Vol. I and II", it may shed a bit more light.
I can tell you one thing is for sure, in our current environment (the past 10 years) both the union and the pilots have bent over backwards to keep this industry alive (pay cuts, work rule concessions, contract extensions). It's folks like Tilton that are driving the airlines into the ground. So please make sure you're with the program, unions (labor) are not the problem in today's environment...MANAGEMENT is.
#25
Line Holder
Joined APC: Sep 2008
Posts: 82
While I agree that management's decisions are mostly responsible for the outcome; it's a bit hypocritical for a CEO to ask for pay cuts from his labor groups, and not take a significant margin himself...it's called leading from the top.
I've read "hard landings", and there are quite a few inaccuracies particularly when referring to the input from the unions. Try reading "flying the line Vol. I and II", it may shed a bit more light.
I can tell you one thing is for sure, in our current environment (the past 10 years) both the union and the pilots have bent over backwards to keep this industry alive (pay cuts, work rule concessions, contract extensions). It's folks like Tilton that are driving the airlines into the ground. So please make sure you're with the program, unions (labor) are not the problem in today's environment...MANAGEMENT is.
I've read "hard landings", and there are quite a few inaccuracies particularly when referring to the input from the unions. Try reading "flying the line Vol. I and II", it may shed a bit more light.
I can tell you one thing is for sure, in our current environment (the past 10 years) both the union and the pilots have bent over backwards to keep this industry alive (pay cuts, work rule concessions, contract extensions). It's folks like Tilton that are driving the airlines into the ground. So please make sure you're with the program, unions (labor) are not the problem in today's environment...MANAGEMENT is.
I read "Flying the line, it was totally one sided and you talk about being inaccurate. During the Eastern strikes you had mechanics going out with ball pin hammers knocking out the CRT screens in the cockpits. That's really going to help your company's bottom line and get you a pay raise. You can lead a horse to water but you cannot make it drink. I just laugh when I sit and listen to a bunch of union pilots think they can run a airline better than most higher managements. When the truth is that most union presidents personal finances at home are probalbly in a shambles.
Last edited by River6; 10-11-2008 at 02:02 PM.
#27
I have to agree with a little of everyone's point of view.
1. Ideally, CEOs should be paid for success, not failure.
2. CEOs should be the first to take pay cuts. Their decisions impacted the airline more than that of the average employee. That would boost morale, which does help profits in the long run!
3. Unions were a great idea when they were created, and they are still necessary - especially in our industry! However, it is apparent that some union leaders are more interested in their OWN pay scale and job security than they are in ours!! If we didn't NEED them, they wouldn't have jobs! Do we really think they will REALLY go all the way for our best interest? Some of them do just enough to keep workers dependent on them.
4. Employees should not do things that damage or undermine their company. That is usually a one-way ticket to unemployment or other penalties for the masses. Striking should be enough to show that their services are valuable. If I were an airline leader, I would not want to negotiate with any group responsible for breaking anything intentionally.
1. Ideally, CEOs should be paid for success, not failure.
2. CEOs should be the first to take pay cuts. Their decisions impacted the airline more than that of the average employee. That would boost morale, which does help profits in the long run!
3. Unions were a great idea when they were created, and they are still necessary - especially in our industry! However, it is apparent that some union leaders are more interested in their OWN pay scale and job security than they are in ours!! If we didn't NEED them, they wouldn't have jobs! Do we really think they will REALLY go all the way for our best interest? Some of them do just enough to keep workers dependent on them.
4. Employees should not do things that damage or undermine their company. That is usually a one-way ticket to unemployment or other penalties for the masses. Striking should be enough to show that their services are valuable. If I were an airline leader, I would not want to negotiate with any group responsible for breaking anything intentionally.
Last edited by proskuneho; 10-11-2008 at 02:45 PM.
#28
Did you get that from the ALPA handbook?? Unions don't share the responsiblity for any failings of the airlines? Right, if you believe that I have some beach front property I will sell you cheap in AZ. Tell, that to the a large portion of the Eastern guys. I got news for your union presidents that preach that BS. They will still be recieiving a paycheck from the union when your butt is out there on a picket line and I gurantee you won't as a line pilot, so if you think your union always has your best interest at heart you had better think again.
I read "Flying the line, it was totally one sided and you talk about being inaccurate. During the Eastern strikes you had mechanics going out with ball pin hammers knocking out the CRT screens in the cockpits. That's really going to help your company's bottom line and get you a pay raise. You can lead a horse to water but you cannot make it drink. I just laugh when I sit and listen to a bunch of union pilots think they can run a airline better than most higher managements. When the truth is that most union presidents personal finances at home are probalbly in a shambles.
I read "Flying the line, it was totally one sided and you talk about being inaccurate. During the Eastern strikes you had mechanics going out with ball pin hammers knocking out the CRT screens in the cockpits. That's really going to help your company's bottom line and get you a pay raise. You can lead a horse to water but you cannot make it drink. I just laugh when I sit and listen to a bunch of union pilots think they can run a airline better than most higher managements. When the truth is that most union presidents personal finances at home are probalbly in a shambles.
Check your facts before you post, "flying the line" is actually backed up by the national archives in DC as how the course events unraveled. While it's certainly used as a tool to promote unity and more specifically the importance of unionized labor, it's all based on actual events and not opinions.
Good luck trying to convince pilots that the current state of the industry is their fault, and I say pilots because we the pilots are the union. Seriously, are you even a pilot? Do you even work in the industry?
#29
Did you get that from the ALPA handbook?? Unions don't share the responsiblity for any failings of the airlines? Right, if you believe that I have some beach front property I will sell you cheap in AZ. Tell, that to the a large portion of the Eastern guys. I got news for your union presidents that preach that BS. They will still be recieiving a paycheck from the union when your butt is out there on a picket line and I gurantee you won't as a line pilot, so if you think your union always has your best interest at heart you had better think again.
I read "Flying the line, it was totally one sided and you talk about being inaccurate. During the Eastern strikes you had mechanics going out with ball pin hammers knocking out the CRT screens in the cockpits. That's really going to help your company's bottom line and get you a pay raise. You can lead a horse to water but you cannot make it drink. I just laugh when I sit and listen to a bunch of union pilots think they can run a airline better than most higher managements. When the truth is that most union presidents personal finances at home are probalbly in a shambles.
I read "Flying the line, it was totally one sided and you talk about being inaccurate. During the Eastern strikes you had mechanics going out with ball pin hammers knocking out the CRT screens in the cockpits. That's really going to help your company's bottom line and get you a pay raise. You can lead a horse to water but you cannot make it drink. I just laugh when I sit and listen to a bunch of union pilots think they can run a airline better than most higher managements. When the truth is that most union presidents personal finances at home are probalbly in a shambles.
14 posts... member since 2 weeks ago.
Standard Anti-unionist drivel.
Did your screen name use to be Ellen?
Until you have something worthwhile to contribute to the discussion, just shut up.