Mamma
Well-known member
- Joined
- Mar 29, 2005
- Posts
- 2,802
You would at first write this guy off as some kook, but he is the executive vice president at republic Financial Corp. Just goes to show what those who sit in the ivory towers with golden parachutes think of our profession. He obivously has no idea how much money, time and effort it takes to become one of these extremely overpaid folks. Also, the responsibility, time away from the family...blah blah blah.
Ask any airline executive about pilots and you will get the same response – that they are extremely overpaid. That seems a little harsh, especially as US pilots are taking considerable pay cuts to enable their employers to continue flying. But the Asiana pilots are doing little to dispel this stereotypical view and government intervention now seems inevitable. What are your views on pilots (or airline executives)?
From: Ian Massey, Republic Financial Corporation
Subject: Pilots
Commercial airline pilots get a bad reputation because they are paid a lot of money and many of them have contracts that require them to fly less hours in a month than many people work in a week. When frequent flyers then see pilots dead-heading in first-class seats as is often the case (United being the poster-child for this) it adds to the view that they are overpaid, over-privileged and under-worked.
I prefer to think of it this way. When is someone going to explain to these pilots that we have the technology to replace them altogether and, but for the trepidation of passengers who still believe that it is good to have a real voice in the cockpit, it is possible to fly without pilots. At the very least, with all of the systems at their disposal, it is difficult to conclude that a driver of a school bus has more responsibility than a commercial airline pilot. So pay them accordingly and let them sit at the back of the aircraft when they are not flying leaving the seats at the front for customers.
Is it too much to expect that airlines should serve their customers before their employees? We pay all of their salaries.
About Republic Financial Corporation
Republic Financial Corporation, located in Aurora, Colorado, is a privately held investment company with ownership interests in portfolio companies in commercial roofing, promotional products, corporate staffing, as well as the Internet and data services sector. The company also invests in distressed commercial debt, aviation, equipment lease portfolios, private equity and structured finance transactions and has invested in assets worth $1 billion. Republic was founded in 1971 and has achieved commercial success by structuring creative financial solutions and employing intensive due diligence and asset management to generate significant results. www.republic-financial.com
Ask any airline executive about pilots and you will get the same response – that they are extremely overpaid. That seems a little harsh, especially as US pilots are taking considerable pay cuts to enable their employers to continue flying. But the Asiana pilots are doing little to dispel this stereotypical view and government intervention now seems inevitable. What are your views on pilots (or airline executives)?
From: Ian Massey, Republic Financial Corporation
Subject: Pilots
Commercial airline pilots get a bad reputation because they are paid a lot of money and many of them have contracts that require them to fly less hours in a month than many people work in a week. When frequent flyers then see pilots dead-heading in first-class seats as is often the case (United being the poster-child for this) it adds to the view that they are overpaid, over-privileged and under-worked.
I prefer to think of it this way. When is someone going to explain to these pilots that we have the technology to replace them altogether and, but for the trepidation of passengers who still believe that it is good to have a real voice in the cockpit, it is possible to fly without pilots. At the very least, with all of the systems at their disposal, it is difficult to conclude that a driver of a school bus has more responsibility than a commercial airline pilot. So pay them accordingly and let them sit at the back of the aircraft when they are not flying leaving the seats at the front for customers.
Is it too much to expect that airlines should serve their customers before their employees? We pay all of their salaries.
About Republic Financial Corporation
Republic Financial Corporation, located in Aurora, Colorado, is a privately held investment company with ownership interests in portfolio companies in commercial roofing, promotional products, corporate staffing, as well as the Internet and data services sector. The company also invests in distressed commercial debt, aviation, equipment lease portfolios, private equity and structured finance transactions and has invested in assets worth $1 billion. Republic was founded in 1971 and has achieved commercial success by structuring creative financial solutions and employing intensive due diligence and asset management to generate significant results. www.republic-financial.com