Ryanair’s Chief Executive Michael O’Leary narrowly secured approval from shareholders on Thursday for a bonus scheme that could earn him 100 million euros over five years as he revealed up to 700 pilots could lose their jobs. The Irish low-cost carrier, Europe’s largest, has been battered by industrial disputes and the grounding of Boeing’s flagship 737 MAX. Having suffered from a shortage of pilots just a couple of years ago, O’Leary told investors there are now too many.

source https://finance.yahoo.com/news/ryanairs-oleary-wins-bonus-approval-141416207.html?.tsrc=rss