CEO Shares $1 Million With Employees
On June 14, Arie de Jong handed out $1 million in bonuses to his company's 170 employees thanking them for their dedication during the twenty years he owned the business.
Everybody talks about the deplorable state of air travel, but some airline startups are hoping do something about it.
At 90 years old, Ted Vallas has taken on the challenge, becoming the founder and CEO of California Pacific Airlines, which plans to have "wheels up" by early 2012, providing low-cost, crowd-free service to several southwestern cities.
(READ the story in MSNBC)
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