Air New Zealand chief executive Rob Fyfe almost doubled his total pay packet last year before his base salary was frozen in July.

Mr Fyfe saw his package increase by 93 per cent from $1.61 million to $3.1 million in the company's 2008 financial year as strong profits in 2007 lifted his long-term incentive bonus. But recruitment specialists say Fyfe is likely to see a pay drop next year in the wake of a drop in company profits, and he won't be alone....