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Stock impact report

Ryanair balks at Irish union recognition demands [Reuters]

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY) 
US:NASDAQ Investor Relations: investor.ryanair.com
Company Research Source: Reuters
Ryanair balks at Irish union recognition demands | Reuters Reuters Staff 2 Min Read DUBLIN, April 18 (Reuters) - Ryanair, which pledged to recognise unions to avert widespread strikes late last year, has balked at Irish union FORSA/IALPA’s demands to be recognised as the representative for pilots in its home market. Ryanair Chief People Officer Eddie Wilson in a letter dated April 13 seen by Reuters told FORSA/IALPA that a number of changes it had suggested to a draft agreement were “totally unacceptable now or at any time in the future”. The budget airline has been in talks to formalise union recognition in several European countries since its decision in December to recognise unions for the first time in its 32-year history. Pilots in Britain and Italy - its two largest markets - have reached agreement and Ryanair said last month that a deal was close in Spain. However, progress has been slower in Portugal and Ireland. The areas of disagreement with the Irish union included rosterin Show less Read more
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