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-   -   Top Ten highest paid airline CEOs in the world (https://www.airlinepilotforums.com/major/32050-top-ten-highest-paid-airline-ceos-world.html)

stoki 10-08-2008 12:41 PM

Top Ten highest paid airline CEOs in the world
 
Found it in another thread.

Dixon in the $10m high club | smh.com.au

Glenn Tilton - UA - $US10.3 million
Geoff Dixon - QF - $AUD11.92 million
Douglas Steenland - NW - $US7.73 million
Larry Kellner - CO - $US7.31 million
Douglas Parker - US - $US5.4 million
Gerard Arpey - AA - $US3.1 million
Willie Walsh - BA - £701,000
Jean-Cyril Spinetta - AF-KLM - €1.39 million
Wolfgang Mayrhuber - LH - €2.4 million
Chew Choon Seng - SIA - $S3.5 million


A good point made was that from the top six, five are CEOs from the struggling/furloughing/paycutting/nickel and diming/mess that are U.S Airlines, which are also by far the worst to be a passenger with, on that list.

cfii2007 10-08-2008 01:44 PM

Looks like the ones making the most ran their airline into the ground.

Killer51883 10-08-2008 02:02 PM

About two years ago while interviewing with colgan I was asked by chuck colgan why airlines are such difficult businesses to run. The only answer to come into my mind, the ceos are raping the company and then wondering why they aren’t making money.

saxman66 10-08-2008 02:21 PM


Originally Posted by Killer51883 (Post 475838)
About two years ago while interviewing with colgan I was asked by chuck colgan why airlines are such difficult businesses to run. The only answer to come into my mind, the ceos are raping the company and then wondering why they aren’t making money.

Wow, is that what you told him? :) Kinda have to bite your lip on that one and just lie.

Blowtorch joc 10-08-2008 02:32 PM

Did you get the job?

Killer51883 10-08-2008 02:36 PM

ha ha no i didnt say that and started bull****ting some answer but thats what i was thinking. and no i didnt get the job thankfully

A320Flyer 10-08-2008 06:18 PM

Not surprising. Corporate greed at its best. Just look at our current economic status. Damn bastards.

Roper92 10-08-2008 07:15 PM

Where is Gary Kelly? Is there some sort of inverse relationship in the airline business of CEO pay to airline earnings?

Outlaw2097 10-08-2008 08:46 PM

Whats really needed is a breakdown of CEOs that deserve what theyre getting paid...

Probably would be looking at that list inverted...

acl65pilot 10-09-2008 04:22 AM

RA from DAL is not on there. Numbers are old.

Bond 10-09-2008 07:44 AM

It's a bit sick that UA's on a lifeline, and Tilton is making $10 million a year!

acl65pilot 10-09-2008 07:48 AM

But as they like to say. "A contract is a contract."

ToiletDuck 10-09-2008 07:50 AM

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.

mccube5 10-09-2008 08:09 AM

I thought Bedford from RAH was making close to $10 million as well. These numbers seem to be incomplete.

Killer51883 10-09-2008 10:33 AM

i have no idea how much bedford makes but atleast RAH is making money

Mason32 10-09-2008 10:40 AM


Originally Posted by stoki (Post 475774)
Found it in another thread.

Dixon in the $10m high club | smh.com.au

Glenn Tilton - UA - $US10.3 million
Geoff Dixon - QF - $AUD11.92 million
Douglas Steenland - NW - $US7.73 million
Larry Kellner - CO - $US7.31 million
Douglas Parker - US - $US5.4 million
Gerard Arpey - AA - $US3.1 million
Willie Walsh - BA - £701,000
Jean-Cyril Spinetta - AF-KLM - €1.39 million
Wolfgang Mayrhuber - LH - €2.4 million
Chew Choon Seng - SIA - $S3.5 million


A good point made was that from the top six, five are CEOs from the struggling/furloughing/paycutting/nickel and diming/mess that are U.S Airlines, which are also by far the worst to be a passenger with, on that list.


Old Data,

Gerard Arpey, CEO at AA, is the highest paid airline CEO currently. His total compensation package is 10 times the nearest competitor.....

f10a 10-09-2008 12:55 PM

Interesting! AF-KLM and LH are making tons of money and pay their pilots very well, while their CEO's take a "modest" salary compared to the greedy aholes in America!

River6 10-11-2008 06:01 AM

CEO decisions not their salaries run airline in the ground.
 
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.

Herbie 10-11-2008 07:37 AM

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.

WAVIT Inbound 10-11-2008 07:49 AM

Anyone know how much Jerry Atkin makes?

GQpilot 10-11-2008 07:59 AM


Originally Posted by ToiletDuck (Post 476158)
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.

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.

River6 10-11-2008 08:03 AM


Originally Posted by Herbie (Post 477281)
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.

United was in serious trouble before Titlon arrived. You don't think United Airlines Pilot union "sick out" stranding 100,000+ passengers in Denver that one year had anything to do with the way United Airlines is viewed? You don't think that had repercusions on their bottom line?? Blaming one person for the fall of United Airlines is near sighted to say the least. What about United hiring standards over the years? I can remember a time when their interviews were confrontational. I know personally of at least two guys who walked out of their interviews and said no thanks. Just my opinion.

River6 10-11-2008 08:06 AM


Originally Posted by GQpilot (Post 477293)
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.

Yeah, it's called lending money to people who cannot pay it back. No matter how much regulation you have, if you have political parties holding guns to banks and lending instituions heads to lend money to people they know cannot pay it back then no amount of regulation in the world is going help us. Stop the entitlement programs.

Bond 10-11-2008 09:20 AM


Originally Posted by River6 (Post 477235)
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.

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.

River6 10-11-2008 01:56 PM


Originally Posted by Bond (Post 477346)
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.

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.

IXLR8 10-11-2008 02:30 PM


Originally Posted by Bond (Post 476151)
It's a bit sick that UA's on a lifeline, and Tilton is making $10 million a year!

Oh come on!! Ya have to pay these guys or they'll leave!!!! Gotta keep that talent and Know how!!!:D

proskuneho 10-11-2008 02:34 PM

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.

Bond 10-13-2008 10:12 PM


Originally Posted by River6 (Post 477443)
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.

You're clearly a management type. That's about all I can say about your post. History supports my statements, furthermore I've lived them. You didn't address my point about the industry in the past 10 years. We the pilots have given everything to sustain the industry in the past decade, and yet you want to blame the pilots and the unions, whatever you're smoking it must be good! Poor management decisions, as in the case of United are at the core of the state of the industry.

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?

robthree 10-13-2008 11:22 PM


Originally Posted by River6 (Post 477443)
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.


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.


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