Ryanair reaches agreement with Irish union in pilots dispute

Pilots in Dublin this month staged their fifth 24-hour walkout of the summer. (Reuters)
Updated 23 August 2018
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Ryanair reaches agreement with Irish union in pilots dispute

DUBLIN: Ryanair reached an agreement with the trade union representing its Irish pilots on Thursday, a breakthrough that sent its shares sharply higher as the budget airline strives to quell staff protests around Europe.

Ryanair passengers have suffered hundreds of flight cancelations this summer because of protests by pilots over slow progress in negotiating collective labor agreements, hurting average fares at Europe’s largest low-cost carrier.

The Irish airline endured its worst one-day strike earlier in August after a walk-out by pilots in five European countries disrupted the plans of an estimated 55,000 people at the height of the summer holiday season.

That included a fifth 24-hour walkout of the summer by around a quarter of its pilots in Ireland that prompted Ryanair to propose fresh talks with the help of a mediator that began last week and ended early on Thursday after a 22-hour session.

“The proposed agreement will now go to ballot, with a recommendation for acceptance from Forsa and its Ryanair pilot representatives,” pilots’ union Forsa said in a statement on Thursday, adding the talks’ mediator asked that neither side makes further comment while the ballot is conducted.

Ryanair said it would take the proposals to its board after the Irish-based pilots had voted on the agreement.

Some of the other trade unions stuck in negotiations around Europe have said they are watching the Irish talks closely.

Ryanair employs more than 4,000 pilots, with around 350 of them based in Ireland. Negotiations in the country have been among the most difficult, the company has said.


Paris Air Show: After Boeing showstopper, Airbus seeks order bounce

Updated 19 June 2019
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Paris Air Show: After Boeing showstopper, Airbus seeks order bounce

  • British Airways owner IAG signs letter of intent to buy 200 of its 737 MAX jets
  • Airbus is looking for up to 200 orders for the A321XLR, which is designed to open up new routes

PARIS: Airbus, reeling from the potential loss of a major customer for its best-selling A320neo as British Airways owner IAG placed a lifeline order for the grounded 737 MAX, prepared to hit back with more orders for its A321XLR on Wednesday.
The planemaker has been negotiating with US airlines investor Bill Franke whose Indigo Partners has also been known to place orders for multiple airlines within its portfolio and could reel it in for the Paris Air Show, industry sources said.
Airbus declined to comment.
After weathering intense scrutiny over safety and its public image, Boeing won a vote of confidence on Tuesday as IAG signed a letter of intent to buy 200 of its 737 MAX jets that have been grounded since March after two deadly crashes.
The surprise order lifted the energy of a previously subdued Paris Airshow, where the talk had been of the possible end of the aerospace cycle, given the issues at both Boeing and Airbus as well as geopolitical and trade tensions around the world.
Australia’s Qantas Airways said on Tuesday it would order 10 Airbus new A321XLR jets and convert a further 26 from existing orders already on the Airbus books.
Airbus is also in talks with leasing company GECAS and has been trying to secure an eye-catching order for the A321XLR from American Airlines, though the world’s largest carrier does not typically make announcements at air shows.
Airbus is looking for up to 200 orders for the A321XLR, which is designed to open up new routes.