Ryanair Boss Earns £8k A Day

As passengers have to pay a small fortune to sit together on one of his aircraft, Michael O'Leary, the Ryanair Chief Executive gets paid almost £8000 a day to sit in his seat!

Yes, the boss of the budget irish airline took home earnings of €3.26million last year, that's £2.92million,  which calculates at approximately €8,931 / £7,987 per day.  The figures released  atis week revealed he got an increase of £89,000 from last year.  But it's not just his wages that are soaring, so to are complains to the airline. 

End of the line for the A380?

Hot news from Airbus.....The aircraft manufacturer is slowing down the production rate of its super jumbo the double decked A380 even more.   The future of vast aircraft looks even more bleak after the European aircraft company confirmed it was cutting production to just 8 air frames in 2019. 

Virgin Atlantic Bargain Basement Sell Off

Sir Richard Branson's Virgin Group is flogging off a major stake in the airline Virgin Atlantic at bargain basement prices to Air France-KLM and existing investor Delta Air Lines.

Air France-KLM is to buy 31 percent of Virgin Atlantic for £220m.  The Virgin Group will hang on to just 20 percent of the troubled trans-Atlantic airline, they will also continue to chairman the company.