Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. Gary Kelly, the CEO of Southwest Airlines, announced that he will voluntarily take a 10% pay cut in response to the dramatic drop in air travel. U.S. airlines have given up on their 2020 In addition to the warnings, fear over what’s happened to passengers on cruise ships have alarmed potential air travelers. The entire airlines industry is going through a horrendous—potentially financially ruinous—time.

All rights reserved.How does CEO pay at the world's largest airline compare to employees' pay?President Robert Isom received $6.68 million, down 5.7% from 2017.Executive vice president and chief financial officer Derek Kerr received $3.85 million, down 6.3%.Executive vice president of corporate affairs Steve Johnson received $3.9 million, down 6%.Executive vice president and chief information officer Maya Leibman received $3.8 million, down 7.1%.By Miles Moffeit, Cassandra Jaramillo and Dianne Solis Get the latest headlines delivered to your inbox every weekday.Stand with us in our mission to discover and uncover the story of North TexasCopyright © 2020 The Dallas Morning News. American Airlines Salaries trends. 2 was American Airlines CEO Doug Parker. (Alaska Air … Johnson totaled the most: $33,859.The union that represents 28,000 American Airlines flight attendants, however, saw the latest figures as a "sign of disrespect. For example, in 2019, the Dallas Morning News reported that the CEO of American Airlines earned $12 million in 2018. The Points Guy will not sell your email. An airline CEO salary is based upon the health and financial state of the company. It's believed that President Donald Trump will offer In light of the exceedingly challenging circumstances, it's likely that there will be large layoffs if the outbreak is not quickly contained. American Airlines CEO Doug Parker's compensation in 2018 totaled nearly $12 million — or 195 times more than the airline's median pay for employees. The Airline CEO Who Turned Down a Paycheck Choosing to be paid entirely in stock, Doug Parker wanted to signal he was a different breed of executive and bullish about the long term. © 2020 THE POINTS GUY, LLC. They’d lose income and be separated from their families.

Terms apply to the offers listed on this page. Doug Parker, the CEO of American Airlines, has already taken home $19.2 million this year, well more than he received for all of last year. This information is according to proxy statements filed for the 2019 fiscal year. CEO Pay Ratio 189:1 Board of Directors in American Airlines Group Inc. For its 2018 fiscal year, American Airlines Group Inc., listed the following board members on its annual proxy statement to the SEC. 16 salaries for 14 jobs at American Airlines in Atlanta.

Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $11,508,000 was awarded as stock and $63,714 came from other types of compensation. It is a part of AMR Corporation. A RED VENTURES COMPANY. Nevertheless, they are still generously compensated. The compensation for an airline CEO is a complicated equation. This site does not include all credit card companies or all available credit card offers. As a proponent of career growth, I am excited to share my insider interviewing tips and career advancement secrets with you in an honest, straightforward, no-nonsense and entertaining manner. © 2020 Fortune Media IP Limited. FlyBe, a United Kingdom based airlines, collapsed due the loss of business related to the COVID-19 outbreak.

If this becomes the case, the executives should demonstrate true leadership and slash their lush pay packages so that fewer workers will be let go.I am a CEO, founder, and executive recruiter at one of the oldest and largest global search firms in my area of expertise, and have personally placed thousands ofI am a CEO, founder, and executive recruiter at one of the oldest and largest global search firms in my area of expertise, and have personally placed thousands of professionals with top-tier companies over the last 20-plus years.