Effect of any recession on airlines

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jb747 said:
I doubt that anyone will disagree with your comments about executive salaries. I wouldn't expect that they make a great deal of difference to an individual airfare though.
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In 2018, if QF didn't pay any of its executives anything (saving of $22m ... ie. everything but the benefits accrued due to change in share price), ignored freight, and didn't differentiate passengers by distance or class of travel, I think the saving per individual flight for a passenger would be 41c.
 
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