Wait, Airline CEOs Are Paid HOW MUCH?😱💸

Рет қаралды 184,347

Nonstop Dan

Ай бұрын

Пікірлер: 131

@saharalove08 Ай бұрын

And then us the tax payers bail them out when they go bankrupt

@littlejack59 Ай бұрын

We bail the companies out, not the ceo

@newyorkeranew Ай бұрын

😢😢😢

@newyorkeranew Ай бұрын

Heads they win, tails we lose.

@multa7053 Ай бұрын

@@littlejack59 That can be the same if there was way too high costs in the past

@me-it9jn Ай бұрын

And then them the companies pay millions in taxes every other year

@marcox2937 Ай бұрын

Singapore Airlines meanwhile with 8 months bonus to employees🤣

@alexanderperez2516 Ай бұрын

That's illegal in America, Henry Ford tried to and the government seid no in the Supreme court

@jkjkjk100 28 күн бұрын

Thanks to people who would pay outrageous amount of flight ticket even for shortest routes like cgk-sin. They must have charge the most expensive flights/km on this route. Yes more than jfk lhr or sin hkg

@Alislug 22 күн бұрын

@@jkjkjk100 But u have to remember singapore is top. Its always first and if not always second. Its not American or delta its wayyy better so it makes sense. service and hospitality is also unmatched.

@intelligentdonut Ай бұрын

Love how delta cuts their mileage program like crazy while having the largest CEO salary in the major North American carriers

@jkjkjk100 28 күн бұрын

Ed Bastian is a good ceo. He brings profitability to the shareholders. Be shareholders and not mile holders. Fyi. I will lose my diamond status this year as well.

@jasonparker8389 25 күн бұрын

They cut it because there are way too many people in the lounges.

@jkjkjk100 24 күн бұрын

@@jasonparker8389 no. Mostly because of the amex partnership. Amex plat and amex spend for diamond. delta diamond is the lowest threshold easiest to get amongst the other big 3. I got diamond by sitting in partner metal where MQD= 40% or miles flown instead of actual $$. So if you fly transpacific in cheap J, you get $6000-$7000 mqd while actually spending only $2k at most. Now delta diamond is one of the most expensive just second to PPS Solitaire i believe.

@l.a1532 18 күн бұрын

@@jkjkjk100 no one is $30 million a year good. 50 years ago CEOs made like 10 times less and they were just as good. Something’s fishy.

@vitiate5093 14 күн бұрын

@@l.a1532tell me you never ran a business without saying you have.

@justsomeguy6474 Ай бұрын

American Airlines just blamed a 9 year old girl for her being perved on by a male steward.

@shortylucy Ай бұрын

What??? 😮

@Avintgarde Ай бұрын

And guess who takes the heat from our guests, it’s the Cabin Crew members and customer service agents, who in North America are not paid for most of the work they do, but still show up because Aviation is their passion. As a Cabin Crew, I find guest travelling now should understand this, and be a little kind to the fact that there are Crew working for them, and are not compensated well #unpaidworkwontfly

@vitiate5093 14 күн бұрын

Cope and get over it.

@kyro9451 Ай бұрын

Can you do the top 3 most payed CEOs in Europe?? Please

@dw4525 3 күн бұрын

€600,000

@timon7095 Ай бұрын

At least Delta has the product to back it up. Southwest and American on the other hand...

@fifi1561 Ай бұрын

Super ridiculous. Completely unjustifiable. Meanwhile, AA starting salary for flight attendance is only $27K, just slightly above the poverty level. It's sickening.

@abramboutros7672 Ай бұрын

I guess we should let the free market decide if it's too much or not

@cityonfoot6023 Ай бұрын

You know why no one’s talking about it? Most CEO’s in pretty big-big companies are paid that much now. Thank McKinsey for that idea.

@Ghostanon404 Ай бұрын

No one needs that much money annually! This wealth gap is what’s killing America!!!

@nixcails Ай бұрын

What's killing America is stupidity just look at the undemocratic two choices only government.

@jwil4286 Ай бұрын

If you don’t want them to have that money, don’t give your money to them

@user-ew3dm1jq6j Ай бұрын

Jealous much?

@real_jackery Ай бұрын

Wow.. Poor Lufthansa CEO making 5 million euros a year while selling LSG and AirPlus

@irwinoroceo9963 Ай бұрын

Not my timeline showing this after reading the new about Singapore Airlines staffs getting 8 months worth of bonuses lol

@chimera4021 Ай бұрын

Democratize the workplace. The workers are getting absolutely screwed by the owners.

@jeremynewcombe3422 Ай бұрын

In an industry with such thin margins as the airline industry, this would be a recipe for disaster. The structure of management would become way too disorganised and ESPECIALLY political - where factions in the workplace would prop up and compete for benefits - that the airline would suffer. So many airlines have already struggled and closed down like Pan Am, TWA, Northwest etc. without dealing with that massive burden. And when an airline closes down, everyone is worse off.

@crytocc Ай бұрын

@@jeremynewcombe3422 It sounds like you're describing how top-down management structures are already working today. Half the point of a worker-owned workplace is to _eliminate_ that internal competitive angle, and approach management collaboratively instead.

@vitiate5093 14 күн бұрын

@@crytocccope and seethe

@avres13 28 күн бұрын

I bet they get more than 6% raise each year too

@wayne8797 Ай бұрын

Thats money they could have used to improve their product, increase salaries of “normal” staff and even hire more staff. I still don’t get why CEOs need to get paid so much.

@bavarianpotato Ай бұрын

If you cut the delta CEO's pay by 98%, every delta employee would receive an insane $25 a month extra. Before taxes.

@jakemartinez6894 Ай бұрын

⁠⁠@@bavarianpotato That’s… not that much…

@kotor610 Ай бұрын

@@jakemartinez6894thats the point, but it would still do a hell of a lot more for the economy than just sitting in some rich lards bank account.

@tntmidnight 14 күн бұрын

@@bavarianpotatoso do you think by that logic it is better for one person to increase their wealth hoard each year instead of the money being spread equally amongst millions of workers whose wages have been stagnated for years?

@kierannelson2581 Ай бұрын

Pretty fascinating that Alan Joyce as CEO of Qantas was on US$14.3M a year with bonuses up to US$16M per year

@feluto7172 Ай бұрын

this is why business class seats cost 1-3k more than economy

@HH-eu6zz 25 күн бұрын

As a flight attendant for one of the big three, thank you so much for pointing this out! We’re in contract negotiations but it’ll probably be a couple more years. I’d love to thank you in person and have you on a flight!

@ousseygoosey5924 Ай бұрын

That’s insane!!

@Lassie420 Ай бұрын

Glad you are highlighting this. The former CEO of QANTAS received salary and bonuses that seem completely excessive to many, particularly compared to the salaries and wages of others employed by the company. As a previous poster commented….the gap is widening.

@angelohenry1585 Ай бұрын

Welcome to America, where CEOs get ungodly amounts of money while simultaneously announcing mass layoffs and busting unions

@riptyurass302 Ай бұрын

America? This happens in every country.

@TheBajamin Ай бұрын

Even if you spilt up their salary everyone would get like $10/year.

@Yeviscount Ай бұрын

Better than losing their jobs.

@TheBajamin Ай бұрын

@@Yeviscount they would still lose their jobs if the CEO was paid nothing. That’s the point.

@vorfour 20 күн бұрын

Finally someone making some sense It’s not about how much one is paid, it’s all about the value they bring in probably delta and American CEOs combined bring billions and billions of revenue to the company and the economy, their management helps runs thousands of jobs. Can an Airline pilot run a multi billion dollars company? Probably yes or maybe no, he chooses to be a pilot or attendant whatever. But ceo and management is whole another beast to handle in any business let alone airline.😊

@Yeviscount 20 күн бұрын

@@vorfour this is the argument. The amount of CEOs who come to a company, stay for 2 years, screw things up, and STILL unashamedly pocket huge bonuses, then take off. The company I work for has had 3 CEOs since 2020. How much do you think the latest Boeing CEO will walk away with. A lot of the time a CEO comes into a company that is already doing well. They can just sit back and thank the predecessor for the good work or screw it up and STILL get the big bonus. QANTAS had a CEO that fired people all over the place, claimed the company was in dire straights, NEVER issued a dividend to the shareholders and still gave himself a 20 million dollar bonus. To say they bring billions to the company is not always the case.

@AdmiralofU2 Ай бұрын

Wow. They get paid so much despite the fact that their airlines all suck

@davrobertson Ай бұрын

Then look at how they negotiate with the flight attendant contracts, they refuse to retro pay the FAs for raises they should have made and then propose new work rules that would breach FAA regulations…

@formatagfys1903 Ай бұрын

And they pay the most taxes

@GlimpseInParadise 26 күн бұрын

Please, save it. They pay someone 500k a year to make sure they don't.

@formatagfys1903 26 күн бұрын

@@GlimpseInParadise that's pretty hard since the top 1% in USA makes 785k They take home 380k aproximativ and then pay more taxes on all the stuff they buy

@Yeviscount Ай бұрын

And the QANTAS CEO sacked a lot of the workforce to save money then gave himself a multi million dollar bonus. And lets not forget Air New Zealand when they drove Ansett into the ground and then gave their top managers $1million "STRESS BONUSES". Rediculous.

@hananokuni2580 Ай бұрын

They have been eyeing that third vacation home.

@clairedobson2240 Ай бұрын

That's madness

@MBNeal Ай бұрын

Those may not even their total compensation packages.

@carlosanderson2269 5 күн бұрын

This mfs getting NBA contracts cuz wtf 🤯

@roarul 23 күн бұрын

That is disgusting! Who needs that amount of money in a year?! For doing what??!!! There should be a limit to CEO salaries. And the minimum salaries for all the crew and staff needs to go way up!!

@andreaarchambeau9499 25 күн бұрын

Thinking that it will become a hot topic now.

@Yano5151 Ай бұрын

Gotta have high CEO salaries so they can do big stock buy backs

@a.b-Clay 19 күн бұрын

Why is no one talking about it? What do you mean? People have BEEN talking about CEO pay. The average CEO in the US makes about 14 million per year-about 360 times more than what they were making in 1990, while the average worker saw only marginal increases in pay over the same time period.

@cbiasizzo Ай бұрын

The CEOs also get bonuses. Regional CEOs make even more because when operating for more than one carrier they are making bank. Most large US regionals operate as not just United Express but also Delta Connection and American Eagle. Flight crews will be flying United Express on one day, and then Delta Connection the next day

@RICHM7BV7 Ай бұрын

They're not getting their funds from me, I fly Frontier and Spirit!

@SashaGrace94 Ай бұрын

Amazed the United CEO has time to be in the board room to make that money. Isn’t he busy undoing the wheel nuts and punching the passengers??

@Global.Affairs23 10 күн бұрын

Ceo of UFC dana white who no longer even owns the company makes 40mil a year NEXT

@Mediaevalist Ай бұрын

And to think that Lufthansa's Carsten Spohr "only" makes about € 5 million ($ 5.5 million), compared to American's Robert Isom's $ 31 million. Two CEOs of comparably sized companies (LH has a market cap of $ 8 billion, AA has 9 billion), but one gets six times the other's income. Truly insane....

@user-ew3dm1jq6j Ай бұрын

They are CEO’s of a major company! They are supposed to get paid that much whether you are jealous or not.

@tristandaughtry8676 Ай бұрын

IT ISNT OUTRAGEOUS THE PILOTS ARE PAID ALMOST 150k on average for those airlines combined

@bengoacher4455 Ай бұрын

There is a big problem in the UK where advisory boards are recommending shareholders cut the salaries of CEOs at major companies. These are companies compteing globally like banks, mobile network providers and yes airlines like AIG group which owns BA, Iberia, Eurowings and a few others. Recently an advisory board advised that shareholders reject a request for a CEO of one of these major companies to be paid £3.4m for the year. The company hadn't done amazing that year, but it hadn't done poorly, and basically the CEO decided to leave and go to America where salaries for comparative firms run into the $40m. The UK is losing so much business to the USA, and undervalued stock and underpaid CEOs is one of the reasons. The rich, as it were, need to get richer.

@jkjkjk100 28 күн бұрын

To be honest ed bastian is a good ceo. His vision for delta and it’s employees are class leading. And this is from someone who will lose diamond status this year because of latest crazy changes.

@binschlau-mc8mn Ай бұрын

Wow is this video new?!?

@urvived4184 Ай бұрын

CEO job is stressful. And market forces determine their pay

@mindseye4914 Ай бұрын

Sigh....

@kotor610 Ай бұрын

It might be stressful, but is it 1000x more stressful than an average worker? I'd argue working a manual job on your feet all day, just to barely scrape by is a lot more of a burden than the typical c-suite drama.

@user-by3cp5ri4b Ай бұрын

@@kotor610 yes, it is 1000x more stressful.

@shitaocheng1527 Ай бұрын

Its nothing compared to actors or athletes make

@Yeviscount Ай бұрын

Actors make big money that you hear about BUT they may only earn this big money once every couple of years. Think about how often you see the stars in a big role. As for athletes yeah they're spoilt rotten and no way do they deserve the sort of moneybags they get.

@ReyOfLight 22 күн бұрын

There's absolutely no reason ever for a CEO to have such high salaries! Sure, a CEO maybe should have a slightly higher salary than others, but it shouldn't be some stupid fantasy amounts! The CEO should only have a salary that is at the most 2-3 times higher than what the employees gets paid... Just imagine how much better the employees could get compensated and aircrafts could be maintained and up to date and ticket prices could be kept more affordable with that system! As it is now, employees are struggling financially due to increased cost of living (which is totally stupid to begin with... Who are humanity owing all the money? Some unknown alien?!), a lot of people around the world can't afford to travel because of how much the ticket prices have gone up while salaries and pensions haven't. And then there's the CEO's around the world who are like leeches, sure, they may do a good job, but that doesn't entitle them to have salaries that high that it may cause financial issues for the company so they can't afford to pay employees more, can't afford proper maintenance etc. It's not just CEO's in the airline industry that is an issue, it's CEO's in general!

@dlross173 Ай бұрын

Oh, we are talking about it. Lol.

@incediery Ай бұрын

Wow....34 million a year

@that1gamer157 Ай бұрын

Nice video 👍

@Scott-yd3ns Ай бұрын

Outrageous comments. These CEOs have expertise no one else possesses. They have the most stressful job in the company, probably million times more than pilots or flight attendants. They can be terminated any time because they are not organized labor, not subject to collective bargaining, and do not have ridiculous seniority system.

@szudy76 Ай бұрын

That’s ridiculous

@jamiesworld1690 Ай бұрын

Multi millionaire

@littlejack59 Ай бұрын

You realize if their increased their baggage fees by $1 purley to increase ceo pay they would be making close to 100mil I doubt baggage fees are the issue. Its relating to ceo retention and shareholder negotiations. If another company is willing to pay a ceo more for the job, then they will jump ship. So ceo's are often replaced and often paid very well in the US. In places like japan, if you jump ship from 1 company, you are unlikely to get a job anywhere else.

@littlejack59 Ай бұрын

Not a meatrider just felt like pointing this out since nobody seems to talk about how Dan is so wealthy himself that he Flys 24/7 and almost always takes business class or something higher.

@rizwaaaaan Ай бұрын

Still their airlines are not in top 3, not even top 5😂

@josephpartenza7765 29 күн бұрын

lol ok but a marginal nba player makes 25M per year. Stop hating. If they made 50% less it wouldn’t impact pricing one bit.

@GlimpseInParadise 26 күн бұрын

Hahaha doesn't affect prices? You seem confident about that. Why have tickets to both of those risen drastically then?

@luckynoob9728 21 күн бұрын

Thuis Guy does nog understand the ceo had all the risk if his company dies hé is fucked whilst the pilots and stewards van easily switch airlines ceo Needs to manage a ton of issues and are ussually incredibly hard working

@im_not_mad Ай бұрын

AMR Should be ashamed

@michaelferguson6109 Ай бұрын

Delta’s annual revenues are $58 billion, and it’s annual expenses are $52 billion. Here’s the question: if it adds .06% to your expenses to have the best shot at ensuring the other 99.94% of your business is well managed - are you going to cheap out instead and get someone worse for the job?

@Yeviscount Ай бұрын

The problem is, they DONT deliver the best. How many times do you see a new CEO come into a job, hang around for 2 or 3 years, take a golden handshake then disappear and bob up in some totally unrelated business. The airlines have this habit of employing CEOs with banking and financial backgrounds and no experience in aviation. Tourism, which I work in, is notoriously guilty of this. To watch the amount of companies go to the wall and find the CEO has bailed out AND unashamedly take his bonus with him ( because his contract says so) is typical of the greed that goes on in the world of business.

@michaelferguson6109 Ай бұрын

@@Yeviscount I assure you, shareholders are not intending to give away their money for no reason. Whether or not they do a good job at picking candidates, they're *trying* to pick the best candidate

@debbiecurtis4021 9 күн бұрын

Money laundering

@wandab3843 Ай бұрын

The American Airlines CEO is waaaay overpaid. I had a shitty flight four days ago. I'm dreading the return flight.

@riptyurass302 Ай бұрын

The American ceo isn’t paid based off your experience on the airline, he paid off the amount of profit it makes at the end of the financial year.

@Victor-oz3zo Ай бұрын

Pilots get payed way too much as well. Especially KLM pilots.

@user-ew3dm1jq6j Ай бұрын

Womp womp!

@Funky420Infotainment Ай бұрын

and,,…? the bigger the company the more is on the line and obviously the more they get paid.

@Funky420Infotainment Ай бұрын

You expect them to do the job for a lot less than I’m guessing?

@kotor610 Ай бұрын

@@Funky420Infotainmentim sure there would be plenty of people willing to accept a 6 or 7 digit salary.

@user-jk3zj1cr5u 14 күн бұрын

Overpaid*

@KELLEMWITIT Ай бұрын

😮

@icetea3647 Ай бұрын

Poor European CEOs

@dcolemanbuffalony Ай бұрын

This is across the board Executive salaries are unhinged and they are well protected in their ivory towers that is corporate america

@nixcails Ай бұрын

How much does the shitehole that ruined Ryanair make? It was a good regional airline once before it became the transit bus of the skies. Oh and International Airlines Group [American, Iberia and London Airways (I refuse to call them British since domestic flights and flights from regional airports have disappeared)]

@riptyurass302 Ай бұрын

Making air travel cheaper=making it shite? Ryanair knows their target passenger demographic isn’t anyone thinking about taking Lufthansa, they are going to the lowest cost possible.

@nixcails Ай бұрын

@@riptyurass302 I'd rather fly on an airline who flies to the actual destination not some landing strip 100's of km away like Frankfurt Hahn which is nearer to Metz 🇫🇷 or Luxembourg 🇱🇺 than an airline that claims cheap. If price was the sole factor I'd probably take a Flixbus.

@jwil4286 Ай бұрын

American isn’t part of IAG. Are Lingus, Finnair, and Qatar Airways are though, however