Ryanair to cut 3,500 job losses if pay cuts not agreed - CEO

DUBLIN, July 1 (Reuters) - Ryanair is planning
around 3,500 job losses if it cannot agree pay cuts with its
staff, the airline's boss Michael O'Leary said on Wednesday.

Europe's biggest budget airline had previously said that it
had cut more than 250 staff from its office around Europe and
was looking at up 3,000 cuts among pilot and cabin crew.

"We've already announced about 3,500 job losses but we're
engaged in extensive negotiations with our pilots, our cabin
crew and we're asking them to all take pay cuts as an
alternative to job losses," O'Leary told BBC.

"We're looking from 20% from the best paid captains, 5% from
the lowest paid flight attendants and we think if we can
negotiate those pay cuts by agreement, we can avoid most but not
all job losses." O'Leary told BBC TV.
(Reporting by Padraic Halpin; editing by Michael Holden)