Following last week's reports of a $7 million quarterly loss, JetBlue's chief executive David Barger has voluntarily taken a 50 percent base salary cut. The action brings his salary down from $500,000 to $250,000 and will apply through the remainder of 2008.

His pay-cut won't have much of an impact on the airline's overall struggle to survive the cost of fuel, but as The New York Times puts it [1], Barger's gesture is in show of solidarity with JetBlue's employees.

Source [2]