New United Airlines exec snags $525,000 salary — let’s hope it doesn’t ask for a bailout
It occurred to me as I was reading United Airlines’ latest FORM 8-K/A filing that if the airline ever asks for a federal bailout (assuming the rescue plan ever gets passed) it might run into some accounting problems. It also underscored that even in the worst of times — the airline lost $2.7 billion last quarter — executive compensations almost never take a hit.