Low-cost carrier Ryanair has agreed a four-year pay deal with its Irish pilots. Its terms include the immediate restoration of pay cuts made during the pandemic, Yahoo Finance reports.
The Ireland-based airline had been in discussions for several months with the Forsa union over a long-term pay deal.
In July, the company reportedly said it had agreed on terms to restore pay cuts with all pilot unions excluding those in Ireland and Belgium.
In October, the union said it had asked the country’s Workplace Relations Commission (WRC) to mediate in the wake of an impasse in talks.
On December 20 Ryanair told investors that, under the new deal, Ryanair’s pilots in Ireland will now receive three years of pay increases over the next four years until March 2027.
The airline reportedly experienced minor disruptions this summer as a result of strikes by cabin crew workers.
Ryanair’s people director, Darrell Hughes, said, “We welcome this pay restoration agreement with Forsa and our Irish pilots which will see pay cuts previously agreed during Covid restored in the December payroll, in time for Christmas.
“This agreement, which includes annual pay increases for the next four years, now brings our Irish pilots into line with similar pay restoration deals concluded with our other pilot unions across Europe over the past nine months.
“We are grateful for the assistance of the WRC in reaching this sensible agreement with Forsa and our Irish pilots.”
German airlines Eurowings and Lufthansa reportedly cancelled flights earlier in the year after pilots went on strike in a row over pay.
Source: Yahoo Finance
(Quotes via original reporting)
Low-cost carrier Ryanair has agreed a four-year pay deal with its Irish pilots. Its terms include the immediate restoration of pay cuts made during the pandemic, Yahoo Finance reports.
The Ireland-based airline had been in discussions for several months with the Forsa union over a long-term pay deal.
In July, the company reportedly said it had agreed on terms to restore pay cuts with all pilot unions excluding those in Ireland and Belgium.
In October, the union said it had asked the country’s Workplace Relations Commission (WRC) to mediate in the wake of an impasse in talks.
On December 20 Ryanair told investors that, under the new deal, Ryanair’s pilots in Ireland will now receive three years of pay increases over the next four years until March 2027.
The airline reportedly experienced minor disruptions this summer as a result of strikes by cabin crew workers.
Ryanair’s people director, Darrell Hughes, said, “We welcome this pay restoration agreement with Forsa and our Irish pilots which will see pay cuts previously agreed during Covid restored in the December payroll, in time for Christmas.
“This agreement, which includes annual pay increases for the next four years, now brings our Irish pilots into line with similar pay restoration deals concluded with our other pilot unions across Europe over the past nine months.
“We are grateful for the assistance of the WRC in reaching this sensible agreement with Forsa and our Irish pilots.”
German airlines Eurowings and Lufthansa reportedly cancelled flights earlier in the year after pilots went on strike in a row over pay.
Source: Yahoo Finance
(Quotes via original reporting)