Originally Posted by
chinatraderjmr
Not true at all. Plenty of stories of American CEO's taking huge salary cuts & even no salary when their companies are in trouble. Just not something done in the airline business (though there was a CEO that took a $1 salary when his airline went chap 11, I'll look that up & see who it was).
Gordon Bethune and Larry Kellner have all taken no salary before when CO lost money.