Bankruptcy proceedings are making public some of the problems crippling Pinnacle Airlines, the parent company of Colgan Air, the operator of Flight 3407, which claimed 50 lives when it crashed in Clarence Center in February 2009.
As some of its pilots await overdue paychecks, filings with the Security and Exchange Commission reveal generous compensation packages for Pinnacle executives.
The Buffalo News reports the company gave its current CEO a $250,000 raise just a month prior to filing for bankruptcy.
Pinnacle Airlines, the parent company of Colgan Air, which operated Continental Connection Flight 3407, has filed for Chapter 11 bankruptcy protection.
The Colgan unit would cease to exist under Pinnacle's planned restructuring, along with its planes and flights. Flight 3407 crashed in Clarence in 2009, killing 50 people. Pilot error was cited as the cause of the disaster.