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Airline CEO takes pay cut to support gender equality

Airline CEO takes pay cut to support gender equality
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(CNN) – The new CEO of European airline easyJet appears to be well-grounded.

Johan Lundgren, who joined the budget carrier in December, said he’ll take a $48,000 pay cut in support of gender equality.

"I want [equal pay and equal opportunity] to apply to everybody at easyJet and to show my personal commitment,” Lundgren said.

His predecessor, Carolyn McCall, made a salary of $994,000. Lundgren was getting paid $1,042,000.

EasyJet revealed late last year that it had a gender pay gap of 52 percent.

The company blamed the imbalance on the higher salaries paid to its mostly male pilots.

Only 5 percent of easyJet's pilots are women, but the airline is looking to hire women for 20 percent of its new pilot jobs by 2020.

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