Less Ads, More Data, More Tools Register for FREE

UPDATE 1-Potential Ryanair job cuts remain at 3,000 - spokeswoman

Wed, 01st Jul 2020 12:44

(Adds clarification from spokeswoman)

DUBLIN, July 1 (Reuters) - Ryanair is still planning
around 3,000 additional job losses if it cannot agree pay cuts
with pilots and cabin crew, a spokeswoman for the airline said
on Wednesday.

Group Chief Executive Michael O'Leary earlier told the BBC
that the airline had announced about 3,500 job losses, but the
spokeswoman later clarified that Ryanair's plans to cut 3,000
pilot and cabin crew jobs had not changed.

Europe's biggest budget airline has cut more than 250 staff
from its offices around Europe and the additional potential cuts
would be split between pilots and cabin crew, with whom the
company is currently in pay negotiations.

"We're looking for 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 and
Mark Potter)

Related Shares

More News
11 Jun 2024 15:20

Lufthansa unlikely to offer more concessions in ITA bid, sources say

BRUSSELS/FRANKFURT/ROME, June 11 (Reuters) - Lufthansa is unlikely to offer more remedies to EU antitrust regulators scrutinising its bid for a stak...

31 May 2024 11:46

Ryanair, Easyjet and others fined for cabin luggage fees

MADRID, May 31 (Reuters) - Spanish authorities have slapped fines on budget airlines Ryanair, easyJet , Vueling and Volotea totalling 150 million e...

31 May 2024 08:55

Ryanair, others fined 150 mln euros in Spain for cabin luggage fees, SER radio reports

MADRID, May 31 (Reuters) - Budget airlines Ryanair , easyJet, Vueling and privately owned Volotea have been fined 150 million euros ($162.30 million...

30 May 2024 13:14

JP Morgan stays at 'overweight' on EasyJet even as supply-demand balance returns

(Sharecast News) - Analysts at J.P.Morgan sounded a positive note on shares of Easyjet following the recent share price weakness that had taken them b...

30 May 2024 09:23

LONDON BROKER RATINGS: Jefferies and UBS cut Anglo American

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.