How is the airline positioned for eventual fleet replacements. From my point of view, it looks like they’re all going to be needed at once. I expect it will be the next CEOs problem.
I'd have thought that a big part of any CEO's job is ensuring a company is well set up for the future. Short term decisions, that may drive up the share price, don't help the company in the long term, but do have the effect of boosting CEO pay when they are paid via share holdings. Basically, I see a conflict of interest. On the other hand, I'd be happy to give a worthy CEO $25 million in cash, but he has to wait 5-10 years for any of it, so that we see the results of his actions. He'll then be paid on hurdles, not from his time, but later, and it would all be based upon his building of the correct foundations.