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Stock impact report

UPDATE 1-German pilots to vote on strike action at Ryanair [Reuters]

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY) 
US:NASDAQ Investor Relations: investor.ryanair.com
Company Research Source: Reuters
UPDATE 1-German pilots to vote on strike action at Ryanair | Reuters Reuters Staff 2 Min Read * German union says talks have broken down * To ballot members until end of July * Says available for talks in that time (Adds more from VC, background) BERLIN, June 20 (Reuters) - German labour union Vereinigung Cockpit (VC) said it would start balloting Ryanair pilots for industrial action, raising the prospect of strikes from August, after it declared negotiations with the Irish low-cost carrier as failed. Ryanair last year agreed to recognise unions for the first time in a bid to avert strikes and resolve a staffing crunch, but is struggling to reach agreements in some countries. VC was the first union to carry out a threat to strike at Ryanair last year, although the disruption was limited. “We have given them six months to find solutions, showing a great deal of patience towards Ryanair. That’s over now,” VC negotiator Ingolf Schumacher said in a statement on Wednesday. Schumacher said Show less Read more
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