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Airline boss promises pilots bonus to keep flying

  Airline boss promises pilots bonus to keep flying    Watch :  https://www.youtube.com/watch?v=5CfnRcifwfA The boss of Europe's biggest low-cost airline has promised to increase the pay and working conditions of pilots to stop them leaving the company. Michael O'Leary, CEO of Ryanair, made a personal pledge to the budget carrier's 4,200 pilots to address concerns that pilots are dissatisfied and want to quit the company. Pilots have been offered salary increases of up to $11,700 and loyalty bonuses of $14,000. A long-serving pilot told the BBC this was, "too little, too late." He said: "There is a lack of basic benefits [for pilots] - no free bottles of water, coffee or tea and no crew meals." He said pilots also had to buy their own uniform. He added: "People have just had enough of the toxic atmosphere." Mr O'Leary is attempting to repair the damage done to Ryanair's reputation after a scheduling error with pilot holidays. The co...

Facebook to launch a global crypto-currency

  Facebook to launch a global crypto-currency    Watch :  https://www.youtube.com/watch?v=HV2NUQwlUDA Facebook CEO Mark Zuckerberg is expected to unveil details of an ambitious plan for his company to create a new global crypto-currency. A white paper outlines a plan that is designed to create a new global currency. It will represent the entry of the social network site into the lucrative financial services market. The crypto-currency is called Libra. Facebook said it is aimed at the millions of people around the world who cannot get a bank account. Libra will allow people to send and receive payments anywhere in the world with minimal fees. The banking will be done online via the myriad of Facebook-owned apps. The 2.7 billion users of Facebook and WhatsApp will have access to the Libra crypto-currency. Analysts say Libra has some similarities to the Bitcoin crypto-currency. However, a major difference is that Libra will be a more stable currency and will avoid t...