Firm’s 14 directors paid over $14.9m

The directors of a Shannon- based aircraft leasing firm each received an average of over $1.06m (€798,148) in remuneration last year.

New figures show the US-owned, GE Capital Aviation Services Ltd (GECAS) last year awarded a total of $14.9m in remuneration to its 14 directors — eight of whom are Irish.

The remuneration includes $6.79m in salaries; $5.8m in bonus payments; $1.1m in pension payments, $830,000 in share-based payments, and $277,000 in benefits in kind.