Ryanair Board Restores 6 Aircraft To Dub For W18

RNS Number : 1728A
Ryanair Holdings PLC
07 September 2018
 

BOARD OF RYANAIR RESTORES SIX AIRCRAFT

TO DUBLIN BASE FOR WINTER 2018

 

 

The Board of Ryanair Holdings today (Fri, 7 Sept) announced that it has decided to restore six Dublin based aircraft which were due to transfer to Poland in November for the winter 2018 schedule.    The related protective notices issued to 300 Dublin pilots and cabin crew in July have also been withdrawn today.  This decision was taken to respond favourably to the mediation agreement overseen by Mr Kieran Mulvey, which brought an end to five days of unsuccessful but damaging strikes by less than 25% of Ryanair's Irish based pilots during July and August. 

 

Ryanair's Chief People Office, Eddie Wilson, said:

 

"The Board of Ryanair today thanked independent mediator, Kieran Mulvey for his contribution in finalising an agreement between Ryanair and just 25% of our Irish pilots.  We regret that mediation became necessary after five days of unsuccessful strikes which, despite causing minimal damage to Ryanair's schedules, did damage our forward fares and yields to/from Ireland because of the perception of possible disruptions.

 

The Board and management of Ryanair are committed to union recognition, and working constructively with our people and their unions to address their reasonable concerns, as long as this does not alter Ryanair's low cost model or our ability to offer low fares to our customers. 

 

Since December last year, when the Board announced that we would recognise unions, Ryanair's people have enjoyed significant pay increases, improved terms and conditions, and we have agreed to improved seniority structures, base transfers and annual leave.  We have done this in a year when we expect profits to fall by 15% due to a combination of higher fuel prices and higher staff costs."

 

 

ENDS

 

For further information

please contact:                          Robin Kiely                             Piaras Kelly

                                                   Ryanair DAC                          Edelman Ireland

            Tel: +353-1-9451949              Tel: +353-1-6789333

            press@ryanair.com                 ryanair@edelman.com                           

                                                    

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCUGUWABUPRGWM
UK 100

Latest directors dealings