compensation

Tag Archives for compensation.

How Much Are Airline Bosses Cutting Their Own Pay? Probably Less Than You Think

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Apr 11 2020

A new SEC filing has details on the most recent United Airlines corporate executive compensation. United’s CEO Oscar Munoz will take $0 in base salary until June 30. Incoming CEO Scott Kirby will do the same. But how much of a cut is that, really?

Executive compensation is unpopular during tough times for a company. Of course if United makes it through to the other side of COVID-19 Kirby may earn his pay more than ever before.

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United Airlines Gave Out $100,000 Downgrading Passengers On One Hawaii Flight This Weekend

Feb 23 2020

United flight 363 from Newark to Honolulu was supposed to be operated by a Boeing 777 on Saturday. The airline swapped the plane for a Boeing 767-300, and that meant fewer business class seats. The airline needed ten volunteers who were willing to downgrade.

These ten passengers each received $10,000 in travel voucher compensation for volunteering, or $100,000 total for the one flight, and they still got to fly in premium economy seats.

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