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Ryanair agrees deal with Irish pilots union after strikes Ryanair agrees deal with Irish pilots union after strikes
(35 minutes later)
Ryanair has reached an agreement with the trade union representing its Irish pilots after a 22-hour session of talks.Ryanair has reached an agreement with the trade union representing its Irish pilots after a 22-hour session of talks.
Passengers have suffered hundreds of flight cancellations this summer because of pilot protests against the slow progress in negotiating collective agreements on conditions, base transfers and annual leave.Passengers have suffered hundreds of flight cancellations this summer because of pilot protests against the slow progress in negotiating collective agreements on conditions, base transfers and annual leave.
The Irish airline endured its worst one-day strike earlier in August after a walkout by pilots in five European countries disrupted travel plans of an estimated 55,000 passengers at the height of the holiday season.The Irish airline endured its worst one-day strike earlier in August after a walkout by pilots in five European countries disrupted travel plans of an estimated 55,000 passengers at the height of the holiday season.
That included a fifth 24-hour walkout of the summer by around a quarter of its pilots in Ireland, which prompted Ryanair to propose fresh talks via a mediator that began last week and ended early on Thursday.That included a fifth 24-hour walkout of the summer by around a quarter of its pilots in Ireland, which prompted Ryanair to propose fresh talks via a mediator that began last week and ended early on Thursday.
Ryanair apologised to customers earlier this week after it emerged that a number of cheques issued to compensate passengers had bounced because they had not been signed.Ryanair apologised to customers earlier this week after it emerged that a number of cheques issued to compensate passengers had bounced because they had not been signed.
“The proposed agreement will now go to ballot, with a recommendation for acceptance from Forsa and its Ryanair pilot representatives,” pilots’ union Forsa said in a statement on Thursday, adding that the mediator asked that neither side makes further comment while the ballot is conducted. “The proposed agreement will now go to ballot, with a recommendation for acceptance from Forsa and its Ryanair pilot representatives,” the pilots’ union Forsa said in a statement on Thursday, adding that the mediator asked that neither side makes further comment while the ballot is conducted.
Ryanair said it would take the proposals to its board after the Irish-based pilots had voted on the agreement.Ryanair said it would take the proposals to its board after the Irish-based pilots had voted on the agreement.
Other trade unions mired in negotiations around Europe are watching the Irish talks closely.Other trade unions mired in negotiations around Europe are watching the Irish talks closely.
Ryanair employs more than 4,000 pilots, with around 350 of them based in Ireland. Negotiations in the country have proved among the most difficult, the company has said.Ryanair employs more than 4,000 pilots, with around 350 of them based in Ireland. Negotiations in the country have proved among the most difficult, the company has said.
Ryanair shares jumped 5.4% to €13.855 on news of the deal, although the stock is still down 16% since the strike action ramped up in mid-July, and remains below the €14.21 it slumped to in December when Ryanair shocked markets by agreeing to recognise unions for the first time.Ryanair shares jumped 5.4% to €13.855 on news of the deal, although the stock is still down 16% since the strike action ramped up in mid-July, and remains below the €14.21 it slumped to in December when Ryanair shocked markets by agreeing to recognise unions for the first time.
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Airline industryAirline industry
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IrelandIreland
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