Airline bosses rake in up to £33million between them through a series of eye-watering pay packages… despite chaos for passengers
- Pay details revealed after weeks of chaos in which hundreds of flights were axed
- Most cancellations and delays have involved British Airways, Easyjet and TUI
- They have struggled to recruit staff to replace those laid off during the pandemic
Airlines responsible for inflicting travel misery on thousands of holidaymakers were last night condemned for offering eye-watering pay packages to senior executives which could total £33million this year.
The biggest package of more than £27million could be reaped by TUI’s top eight executives across Europe including the tour operator’s German chief executive Friedrich Joussen, who could receive a maximum of £6.4million.
EasyJet’s top two chief executives could receive up to £5million in pay and benefits between them depending on performance.
The biggest package of more than £27million could be reaped by TUI’s top eight executives across Europe including the tour operator’s German chief executive Friedrich Joussen, who could receive a maximum of £6.4million
Its Swedish chief executive Johan Lundgren could receive a package totalling £3.145million – including a basic salary of £740,000 plus a bonus of up to 200 per cent of his salary and shares of up to 125 per cent. Kenton Jarvis, the chief financial officer, could earn up to £1.95million.
And British Airways’ owner International Airlines Group is to pay chief executive Luis Gallego a basic salary of £820,000. It does not include pension and benefits or incentives.
His total 2021 package was £1.11million, including a £738,000 salary.
The details can be revealed after weeks of chaos in which hundreds of flights were cancelled.
Its Swedish chief executive Johan Lundgren could receive a package totalling £3.145million – including a basic salary of £740,000 plus a bonus of up to 200 per cent of his salary and shares of up to 125 per cent
Most cancellations and delays have involved BA, Easyjet and TUI – which have struggled to recruit staff to replace those laid off during the pandemic.
Tory MP Greg Smith, a member of the Commons transport committee, said: ‘High salaries are fine when the business is providing a reliable, satisfactory service to consumers. The airlines simply are not.’
The figures were also met with fury by passengers. Habiba Adam, 41, from Blackburn, who was part of a family group of 13 who paid £12,000 for a TUI holiday to Turkey which was cancelled, described the wages as ‘absolutely appalling’.
Disclosure of the pay packages came as it emerged Mr Lundgren used a meeting with Transport Secretary Grant Shapps on Wednesday to complain about how difficult it was to recruit staff in the £17,000 to £24,000-a-year salary bracket.
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