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. |
Looks like the ones making the most ran their airline into the ground.
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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.
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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.
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Did you get the job?
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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
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Not surprising. Corporate greed at its best. Just look at our current economic status. Damn bastards.
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Where is Gary Kelly? Is there some sort of inverse relationship in the airline business of CEO pay to airline earnings?
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Whats really needed is a breakdown of CEOs that deserve what theyre getting paid...
Probably would be looking at that list inverted... |
RA from DAL is not on there. Numbers are old.
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It's a bit sick that UA's on a lifeline, and Tilton is making $10 million a year!
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But as they like to say. "A contract is a contract."
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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 thought Bedford from RAH was making close to $10 million as well. These numbers seem to be incomplete.
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i have no idea how much bedford makes but atleast RAH is making money
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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..... |
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!
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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.
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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.
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Anyone know how much Jerry Atkin makes?
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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. |
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.
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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.
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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.
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. |
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. 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. |
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!
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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. |
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. 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? |
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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