Ryanair says Irish pilots have accepted paycuts

Ryanair said that in return this would minimise the number of job losses at the airline.
Ryanair says Irish pilots have accepted paycuts

Pilots are currently reviewing the agreement. Picture; David Creedon / Anzenberger
Pilots are currently reviewing the agreement. Picture; David Creedon / Anzenberger

Ryanair says that all of its Irish pilots have accepted pay cuts of 20% as part of a four-year agreement.

The airline said that the pay would be restored over four years and that other changes would be made to rosters and annual leave.

Ryanair said that in return this would minimise the number of job losses at the airline.

In a statement on the agreement, Ryanair said it would give the airline "a framework to flex its operation during the Covid-19 crisis and a pathway to recovery when the business returns to normal in the years ahead."

Productivity agreements are also included in the deal.

Speaking about the deal, Ryanair CEO Eddie Wilson said: “We welcome this week’s results in both Ireland and the UK of acceptance of a 4-year agreement on 20% pay cuts and productivity improvements on rosters and flexible working patterns to save the maximum number of Irish and UK Pilot jobs.

"The strength of this acceptance demonstrates the commitment from our pilots in Ireland and the UK to work with Ryanair as we work our way through this crisis over the next number of years.”

Fórsa, the trade union representing Irish pilots, did not provide comment on the agreement.

More in this section

FILE PHOTO The Competition and Consumer Protection Commission has cleared the purchase of Goodbody Stockbrokers by AIB END Goodbody Stockbrokers fined over €1.2m by Central Bank over rules breaches
Nottingham City Centre Stock Irish staff at the Body Shop wait for wages as retailer shuts stores in the Republic
Ryanair comments on Norwegian Ryanair boss O'Leary's spat with Transport Minister over Dublin Airport escalates
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited