Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Pilots set up pan-European association to challenge Ryanair

Published 03/17/2018, 03:43 PM
Updated 03/17/2018, 03:50 PM
© Reuters. Ryanair headquarters building is seen in Dublin

By Graham Fahy

DUBLIN (Reuters) - Unions representing Ryanair pilots across Europe have signed a deal to cooperate in a move that could raise the prospect of coordinated action, something its management has been keen to avoid.

In the agreement signed on Saturday, the unions decided to form a transnational pilot group to negotiate with Ryanair at a pan-European level, the European Cockpit Association said.

Ryanair is in talks to formalize union recognition in several European countries but it has refused requests to engage with pilots on a pan-European basis.

The airline did not immediately respond to a request for comment.

"It is now up to Ryanair to take this great new opportunity to reach out to its pilots and engage in genuine social dialogue," Dirk Polloczek, president of the ECA, said in a statement posted on Facebook (NASDAQ:FB).

"Today is a historic day for Ryanair pilots in their quest for fair and equitable working conditions. And it is a great day for unity among the European pilot community," he said.

The airline averted widespread strikes ahead of Christmas last year by announcing plans to recognize pilots' unions for the first time in its 32-year history and is talking with unions across Europe on formal recognition.

Chief Executive Michael O'Leary said Ryanair was close to concluding agreements in Spain and Italy, but was struggling in Ireland and in Portugal.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.