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Thread: With airlines still loosing money, are pilots being paid too much?
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Old Nov 21, 2001 | 4:45 pm
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cesco.g
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Most Definitely.

An example: During the Swissair "crisis" last month I learned from reliable sources that a senior Swissair pilot at retirement has Sfr 4'500'000 million (approx $ 2.8 million) in his retirement account. On top of an annual salary in the Sfr. 300 - 400'000 range in the last few years of employment. I understand compensation packages are similar at numerous other Western carriers.

Yet, it was this very same group of pilots who had the guts requesting to keep their existing pay & benefit scale once flying for Crossair, within days of the Sfr. 4+ billion rescue package passed by the Swiss government and private sector.

UNBELIEVABLE!!!
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