AIRLINE MECHANICS (AND OTHERS) GET THE SHAFT (RIMSHOT!)

The Times today writes about airline employees who have had to moonlight to make end’s meet. One of them, Richard Krutenant, is a pilot for American who finds other pilots and flight attendants a place to sleep near D-FW. The piece’s main thrust is that employees who once loved the airline industry now hate it or, at best, are indifferent toward it. It makes you wonder why:

AMR executives [the parent company of American] and its board are expected to face many employees angered by $21 million in bonuses received by top executives last month. These workers who took pay cuts and made other concessions worth $1.62 billion a year through 2008, say they want the company to tie executive pay to performance more closely and to put that pay to an advisory vote of its investors.

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