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| Ryanair admits management 'failure' | Ryanair admits management 'failure' |
| (35 minutes later) | |
| Ryanair boss Michael O'Leary has said the firm is facing a "significant management failure" as it struggles to cope with massive flight cancellations. | Ryanair boss Michael O'Leary has said the firm is facing a "significant management failure" as it struggles to cope with massive flight cancellations. |
| The admission came at the budget airline's annual general meeting, which is being held in Dublin. | The admission came at the budget airline's annual general meeting, which is being held in Dublin. |
| Ryanair is cancelling 40-50 flights every day for the next six weeks, after it admitted it had "messed up" the planning of pilot holidays. | Ryanair is cancelling 40-50 flights every day for the next six weeks, after it admitted it had "messed up" the planning of pilot holidays. |
| A group of Ryanair pilots has rejected a cash bonus to work extra days. | A group of Ryanair pilots has rejected a cash bonus to work extra days. |
| Ryanair had offered captains a one-off payment of £12,000 or 12,000 euros, and first officers £6,000 or 6,000 euros, but they said they wanted new contracts and better working conditions instead. | Ryanair had offered captains a one-off payment of £12,000 or 12,000 euros, and first officers £6,000 or 6,000 euros, but they said they wanted new contracts and better working conditions instead. |
| 'Bloody nose' | |
| Mr O'Leary told the AGM that Ryanair was planning to take back one week of its pilots' holidays to prevent any further cancellations. | |
| He said pilots who had a four-week block of holidays coming up in the next few months because of rota changes would be told to take three weeks instead and have the other week in January. | |
| He said the firm did not need pilots' agreement for the change. | |
| Mr O'Leary said the cancellations had cost Ryanair about 25 million euros (£22m). | |
| He accused unions of trying to give the company "a bloody nose" and said staff did not want union representation. | |
| 'Greener pastures' | |
| In a letter seen by the BBC, pilot representatives from 30 of the company's 80 or so European bases turned down the cash bonus offer. | |
| They wrote: "The pilot market is changing, and Ryanair will need to change the ways which the pilots and management work together to ensure a stable and common future for everyone." | |
| New contracts, the letter said, should help stop the large number of colleagues who are leaving for "greener pastures". | |
| At the AGM, Mr O'Leary declined to discuss the pilots' response. | |
| Ryanair has said it expects to have re-accommodated more than 95% of customers affected by cancellations by end of this week. | Ryanair has said it expects to have re-accommodated more than 95% of customers affected by cancellations by end of this week. |