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RYANAIR PILOTS HAVE accepted a 20% pay cut which will be restored over a four-year period, the airline has said.
The four-year agreement includes a 20% pay cut, productivity improvements on rosters, flexible working patterns and annual leave.
Ryanair said these measures will “minimise Irish pilot job losses”. Ryanair pilots in the UK accepted a similar deal earlier this week.
The airline also said Fórsa trade union has signed agreements for cabin crew for pay cuts of up to 10%, also restored over four years, along with productivity improvements.
These measures are currently being voted on by Fórsa members.
Meanwhile, Ryanair said it has made “rapid progress” in processing customer refunds for flights cancelled between March and June.
Extra refund staff have been trained since 1 June to cut down the backlog of customer refunds, the airline said.
All cash refund requests from March are cleared and half of the April cash refunds are cleared. The balance of these are set to be cleared by 15 July.
By the end of this month, all cash refunds from May and most from June will have been processed.
These figures include passengers who have accepted travel vouchers and/or flight switches in July, August or September this year.
Staff agreement
The CEO of Ryanair, Eddie Wilson, said the acceptance of staff measures like pay cuts “demonstrated the commitment” from pilots to continue employment in the company as it works its way “through this crisis over the next number of years”.
The airline added in a statement: “This agreement gives Ryanair a framework to flex its operation during the Covid-19 crisis and a pathway to recovery when the business returns to normal in the years ahead.”
On Wednesday, CEO Eddie Wilson said that people are “not going to lose their heads” while on holiday, as the airline ramped up its summer flight schedule.
More than 1,000 flights per day will be operated by Ryanair, which has run a skeleton schedule since mid-March due to the pandemic.
It has restored almost 90% of its route network but frequencies will be lower than normal, with just 40% of its normal July capacity.
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Although I’m fairly biased, it seems that Limerick is now being recognised as a great location for investment. The motorway makes it only 2 hours from Dublin and both Cork and Galway are only a little over an hour away too. There’s an international airport and a deep sea port on our doorstep too. The future looks bright :)
Well it does help that the Finance minister is from the region…
Yeah, It helps I’m sure. But the location and infrastructure are probably more significant factors if a company is taking a long term decision to set up in a region.
You are right,I was in Limerick before Christmas and I was surprised by the level of activity around the city,a lot has changed for the better since the eighties when i was employed constructing the Alcan plant near Foynes,and as a Cork Munster supporter the Thomond park redevelopement must be a positive effect on the economic life of the city,what would be even more benificial for both county’s and the entire west is a commitment to build the motorway on the Cork side to link up with the Croom bypass.
I suspect that motorway will be announced before the election. Apparently the NRA have been making enquiries to landowners in the area in the last few months. If and when it happens it will do a lot for both Cork and Limerick. I’m not sure people realise how important for the economy that connectivity is. Even if people in Limerick and Cork cities never travel between the two cities, they should be screaming at their local politicians to ensure this motorway gets built.
Don’t mind spouting about jobs Kenny …
Who is the suspected Ansbacher account holder in your government ya twerp !
Thank ye Enda and Joan, how many jobs were lost in Limerick alone and where do ye expect to be in 2018.
Not in office, that’s for sure.
Spin spin spin
The general election is coming.
Spin won’t save them.
Hahaha, how is it spin?
I’d say claiming Ireland will be back to full employment by 2018 is spin.
How is that? Unemployment is falling.
Ah will Enda be announcing another 5 point plan?
Any Jobbridge places in this company?
Yes, applied unsuccessfully for one recently.
This article must be incorrect. Sinn Fein and their supporters were telling me that there is no such thing as an Irish economic recovery and that people were jumping on famine ships en masse.
Shit, I’m getting down thumbs – Didn’t expect the Shinners to be up so early. Is it dole day or something?
Red thumb for stupidity and bringing SF into every story you comment on.
Not everyone has a science degree Enda. Many of those that do are jumping in and out of good jobs. So in effect you have created another 200 jobs that people in the wider economy can’t access. 5 stars for trying but maybe next time try to create jobs outside of this one sector…k?
“The jobs will be in IT, data analytics, clinical science, project management, finance and human resources.”
You should probably read the article properly before commenting.
Would you prefer non skilled jobs that can be transferred to cheaper countries at the drop of a hat?
So project management, Finance and HR fall under science now?!
No spidrman but people with science degrees and jobs spend money and buy things that other people make and if they buy enough of them then people without science degrees get jobs.
Let’s look at the areas again:
“IT, data analytics, clinical science, project management, finance and human resources.” The first 4 parts would be primarily based in science and the latter parts could be also part of the science and finance markets, albeit in a different aspect within that area. You hardly believe that the jobs are going into construction project management do you?
Thomas yes I agree and eventually it might pay off to some extent I am sure. But it still doesn’t explain how people that were in the construction industry which suffered probably the worst job losses are still going to link in to this area of science and finance. Both of which too are by and large multinational led and fragile based on whether our wages rise (which they have too) and whether they can ultimately get the same service in a far cheaper economy.
Other Tom Gateway and Dell were under the sphere of Computer Science and look how stable those jobs were? Also look at the finance industry in this country and how stable that was?
Well be negative if you must spider. I find a positive outlook makes life a bit easier.
Thomas in agreement with you once again. A positive outlook is good and I really do think it is good that jobs are creeping back in. Looking positively at any situation will only get people so far as good feeling does not put food on the table, pay the mortgage or keep the debt collectors at bay.The reality is not negative either it’s just not all it is cracked up to be! :)
I green thumbed you for the record, the red thumb wasn’t me because I do think there is a monocle of truth in feeling good about things.
ICON have built new premises over the last few years.
Good construction jobs were there too, Spiderman.
I suspect they’ll be adding on more too.
@Spiderman Irish! Unfortunately every Tom Dick and Harry(like myself) got into the construction industry when the times were good! There are too many of us now! Jobs just can’t simply be created for us! Like it or not some builders and tradespeople need to retrain if we want work!
hope your still as positive when you see the next government. Personally I think Gerry will be are best Taoiseach ever.
I bet your just someone having a laugh winding up people. Your funny.
Jonny your like a Deciple.
Plans and promises in time for the next general election, #dejavu.
Shinners watching their hopes of being elected into power slowly slipping away.
4 years of pure austerity, then throw a few jobs out and expect the people not to see through their bullsh!t!!
Economic figures for 2014 were good and FG’s support rose in the polls. Sorry TR909, but your favourite political party isn’t going to make it into power this time around.
Throw “a few jobs out”?
There have been thousands of jobs announced in the past year.
Bail out the banks.
Nama for developers.
Min for Justice/ Garda Commissioner/ justice Dept Secretary/ GSOC head departed.
Open season for citizenship to immigrants, driving wages down permanently (c.f. Suds’ suggestions).
Indigenous Irish left over qualified + on welfare.
Emigration.
Water double tax.
It’s about more than the economy.
The rabble are informing themselves on social media all over the globe.
Great work Taoiseach and govt. Continuing the recovery #action
He’s a man, with a plan.
Got a 9 euro bill in his hand.
He’s Mr know it all..
New Jobs are great especially in a city the had an over reliance on 1 or 2 main employers.
Government minister live to show up at these announcements and pat each other on the back. They should however show up at job cuts announcements also to discuss what they are doing/going to do to get the newly unemployed back to work.
Gotta say it.
These guys are good at bringing in new jobs.
*announcing …
And again no timeframe a vague mention of 2018, when the plebs have reelected f.g and f.f and the whole thing continues with money and jobs for the boys and the guys and the bottom pay for it
The Taoiseach came out on radio yesterday.
Not to be outdone by Leo…(extract from Irish Times this morning.
(I know, it’s out of context, but it’s still funny…)
A better and more sustainable way to create full employment on a permanent basis would be to implement a Job Guarantee. The sovereign state with a floating currency such as the U.S. Japan, U.K, Australia etc faces no financial constraints in its own currency. The state may face real resource limitations (e.g. energy) but not a financial constraint as it can never be insolvent in its own currency as it issues that currency. Neither is inflation a concern in the current recession where vast resources (including labour) are lying idle. The only ingredient missing are the keyboard strokes to create the fiat currency to put those resources to productive work and increase the real wealth of goods and services to be shared by us all.
This ability to keyboard money into existence at will should be utilized to implement macro economic policy which benefits the vast majority of the citizens (labour) as opposed to current policy which enriches the minority (captial owners) . The primary plank of this policy should be the Job Guarantee (JG) where the state/government acts as the employer of last resort who finance the scheme using their ability to create the domestic currency at will to pay the wages of the JG participants. In a Eurozone context, it would be the ECB who would finance member state spending to implement their national JG schemes.
The JG would be a strictly voluntary, transitional employment, available to any and all unemployed, or underemployed, who wish to avail of it. It does not replace existing social welfare provisions but operates alongside them. The JG employment is intended to be transitional, its numbers fluctuating in an automatic counter cyclical fashion so rising during recession and falling as the economy improves. The jobs are transitional to ‘normal’ employment in the private or public sector, and must not compete with ordinary employment. So, the JG jobs need to be exclusively in the Community, Voluntary and Charity sectors and at full time (40) hours or any fraction thereof which the worker chooses. The JG wage must be fixed at the minimum wage which is determined by the lowest acceptable standard of living. This creates an effective wage floor for labour. Capital owners must pay more than JG rates and/or offer better benefits etc to convince people to work for them.
The Government would supplement the JG earnings with a wide range of social wage expenditures, including adequate levels of public education, health, child care etc. The JG would be integrated into a coherent training framework to allow workers (by their own choice) to choose a variety of training paths while still working in the JG. However, if they chose not to undertake further training no pressure would be placed upon them.
The JG also fulfills a critical macro economic function, the maintenance of aggregate demand and spending in the economy. It’s always aggregate demand spending that ultimately creates and maintains jobs. Someone’s spending is always someone else’s job and income as the macro economy is circular. It is the aggregate spending of everyone in the economy, public, private, individuals and businesses that maintains and creates employment. When aggregate demand is either too little (unemployment high), or too much (inflation rising), it is only the government (central bank) that can act counter cyclically to make the appropriate adjustment. The government can remove money from the economy via taxation in order to combat inflation or pump stimulus spending into the system to counteract unemployment. Another key element is that full employment maximizes the production of real wealth (goods & services) to be shared by us all and so drives up GDP and living standards for everyone.
The JG program would also reap huge benefits in social terms as the cost to the individuals, families and society of unemployment is immense. This cost can be seen in the homeless crisis, family break ups, mental health issues for parents and children, social isolation, declining skills, drug abuse, crime etc. All these societal problems would eased significantly if full employment became a reality.
The current reality however is that unemployment is a deliberate policy choice of neo liberal capitalism, not an unfortunate but unavoidable condition of the modern economy as we’re led to believe. The only missing ingredient to put the people to work are the necessary keystrokes.
Coddler this is a comments section. If you want to write an opinion piece I am sure the Journal will publish it – as long as it is not plagiarised.
Read it or don’t Tommy. It’s all the one to me. The comment is intended for people who are interested in solutions to the nation’s problems, not party hacks like yourself who benefit most from the status quo.
Too complicated for you, was it?
If it takes five Ministers to launch it we are surely on the way to “full employment”
Sign the contract, the ineptitude from this man is astonishing, and he got a mail from a builder telling him how great it was to get more in his wages. I mean come on ffs.
HAS THIS GOVERNMENT EVER set up employment here for ANYONE who didn’t go to University or have they tried to help MANUFACTURING jobs to come here, NO is the answer to that.
have your say