Wednesday, January 27, 2010

Estonian Air Cuts, Expands

In the face of 30 percent salary reductions for stewardesses and pilots, Estonian Air today announced it would expand by opening new routes to Melchizedek, Poyais, Ishmaelia, Bangalia, the Kingdom of EnenKio, Absurdsvanj, and Claw Island. "This kind of aggressive expansion on the back of salary cuts is unparalleled in the industry," said Estonian Air chief Andrus Aljas.
Captain salaries before the cuts were between 50,000 and 60,000 EEK per month, with co-pilots earning 30,000 to 35,000 EEK. How will Aljas motivate his pilots to fly more for less money? "We are reincorporating the company in the tax jurisdiction of Melchizedek," said Aljas, "where there is zero personal income tax and no social tax." Estonian tax authorities did not respond to repeated requests for comment.

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