I am not surprised my boss is doing the same thing as we speak

Heck, so long as he can turn a profit, that's what the shareholders are actually paying him to do. That's plenty sad in itself, but getting big bonuses while losing a company ridiculous sums of money means you aren't even serving the shareholders, just your own bank account.

The devil needs shoes?

In the AS example:

If you're taking upwards of $4 million in compensation, then you and your expertise as a manager had better add $4 million plus of value to the company. Define that however you want to. All I see is a carrier that:

a)instituted the same fees and jumped on the bandwagon of surcharges with the competition (i.e. checked bags)

b)demands labor concessions/furloughs, even as the company is profitable

If this brilliant and innovative (sarcasm) strategy is worth $4 million to you, then fine, it's justified.

What? No pitchforks?

Where's Hoffa when you need him?

Plutonomy What Does It Mean?
What Does Plutonomy Mean?
Economic growth that is powered and consumed by the wealthiest upper class of society. Plutonomy refers to a society where the majority of the wealth is controlled by an ever-shrinking minority; as such, the economic growth of that society becomes dependent on the fortunes of that same wealthy minority.
Investopedia Says
Investopedia explains Plutonomy
This buzz word was initially coined by analysts at Citigroup in 2005 to describe the incredible growth of the U.S. economy during that period despite increasing interest rates, commodity prices and an inflated national debt. Citigroup analysts argued that as such an economy continues to grow in the face of contradictory elements, the more important the society's ultra rich become to maintaining such growth. The analysts also believed that in addition to the U.S., Canada, Great Britain and China are also becoming plutonomies.

http://www.investopedia.com/terms/p/plutonomy.asp