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Old 11-05-2007 | 09:33 AM
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Default CEO Salaries

Granted this is 2005 but you get the idea. Give you the warm fuzzies?

Employer CEO Year Compensation Multiple of $40,000
AirTran Joseph Leonard 2005 $ 990,308 25
Alaska Air William Ayer 2005 $ 1,150,470 29
American Gerald Arpey 2005 $ 1,456,180 36
Mesa Air Group Jonathan Ornstein 2005 $ 1,660,138 42
Northwest Douglas Steenland 2004 $ 4,421,480 111
United Glenn Tilton 2005 $ 1,115,015 28
US Airways Parker 2005 $ 7,405,985 185
US Airways Lakefield 2005 $ 2,213,473 55
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Old 11-05-2007 | 10:04 AM
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Oh, so Parker didn't want to buy Delta with US Airways funds, but rather with a portion of his salary! It all makes sense now.

Disgusting, especially when you look at how some of these carriers are doing. JO really gets more money than UA, Alaska, AA, and AirTran? Jeez, that's the biggest eye opener, IMHO.
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Old 11-05-2007 | 10:09 AM
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Default Salary vs Stock options

Joe,

Is that salary only or total compensation including stock options?
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Old 11-05-2007 | 10:09 AM
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Originally Posted by Joeshmoe
Granted this is 2005 but you get the idea. Give you the warm fuzzies?

Employer CEO Year Compensation Multiple of $40,000
AirTran Joseph Leonard 2005 $ 990,308 25
Alaska Air William Ayer 2005 $ 1,150,470 29
American Gerald Arpey 2005 $ 1,456,180 36
Mesa Air Group Jonathan Ornstein 2005 $ 1,660,138 42
Northwest Douglas Steenland 2004 $ 4,421,480 111
United Glenn Tilton 2005 $ 1,115,015 28
US Airways Parker 2005 $ 7,405,985 185
US Airways Lakefield 2005 $ 2,213,473 55
They made a lot more than that, this was before the sec voted to change disclosure rules. http://www.sec.gov/news/press/2006-10.htm

Here is some more warm and fuzzies, http://www.ombwatch.org/article/articleview/2166/1/215/ If its not going to labor who does it go to? Oh yeah stock buybacks, http://www.secinfo.com/d11MXs.u1qHe.d.htm (Note, the 60,000,000 dollar stock buyback) Hummmm, what is 60,000,000 dollars divided by 2700 pilots? 22,222.22 per pilot.

Management: "why give pilots any more money, they dont ask for it right"? "Just tell them to hold tight, because we still cannot afford that cost of living increase thing".....
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Old 11-05-2007 | 10:10 AM
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and thats just salary. i would love to see a much more comprehensive benefit package. bonuses, stock options and other perks usually end up making the yearly salary seem like chump change.
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Old 11-05-2007 | 10:24 AM
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Originally Posted by The Chow
Joe,

Is that salary only or total compensation including stock options?
Not positive but my best guess would be that its just salary. JO's compensation is infinitely higher that $1.6M. Now, if this illustration doesn't spurn the pilot groups to ask for more $$$$ then I have no idea what will.
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Old 11-05-2007 | 10:46 AM
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Default Stock Options

Since stock options are the areas that these executives are really making the bulk of their money, does anyone think it wise or even feasible if the pilot groups started to demand this as part of our compensation? Or is that already done?
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