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JetBlue Chief Barger Takes Voluntary 50% Cut in 2008 Base Pay

By Mary Schlangenstein

July 28 (Bloomberg) -- JetBlue Airways Corp. said Chief Executive Officer Dave Barger voluntarily took a 50 percent cut in 2008 base pay ``in recognition of the challenges'' facing the discount airline and its workers.

The reduction will be in effect through Dec. 31, and puts Barger's salary at an annual rate of $250,000, the New York- based carrier said today in a U.S. regulatory filing.

http://www.bloomberg.com/apps/news?pid=20601087&sid=atuSzSp5gKOo&refer=home
 
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