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British Airways cuts pay to its CEO
London, United Kingdom - "Only" £ 625,000
Drop in load factor equal to 1,5% in May for the carrier British Airways, the Europe's greatest airline, that yesterday provoked a fall in price of share in the Stock Exchange. BA chief, Willie Walsh, saw his pay cut by 30% to £ 625,000 (equal to EUR 919.050), from £ 887,000 (EUR 1304, 320) last year, after the company missed its 2007 profit target.
AVIONEWS - World Aeronautical Press Agency - 1074999
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency