German union to start pay talks for Ryanair cabin crew

A walk-out by Ryanair pilots in five European countries disrupted the plans of an estimated 55,000 travelers with the budget airline at the height of the summer holiday season. (Reuters)
Updated 13 August 2018

German union to start pay talks for Ryanair cabin crew

BERLIN: German union Verdi will meet Ryanair in Dublin on Wednesday to start pay talks for around 1,000 cabin crew working in Germany for Europe’s largest low-cost airline, it said.
Verdi is seeking a substantial pay increase for cabin crew, it said in a statement on Monday, and wants Ryanair to recognize German law and pay social security contributions.
“Through seasonal shifts and a lack of guaranteed flight hours, some full-time employees receive gross pay of only around €1,000 a month. That’s completely unacceptable,” Verdi board member Christine Behle said.
Ryanair endured its worst one-day strike on Friday after a walk-out by pilots in five European countries disrupted the plans of an estimated 55,000 travelers with the budget airline at the height of the summer holiday season.


Apple warns China virus will cut iPhone production, sales

Updated 18 February 2020

Apple warns China virus will cut iPhone production, sales

  • Apple says demand for iPhones is also down in China because many of Apple’s 42 retail stores there are closed

CUPERTINO, California: Apple Inc. is warning investors that it won’t meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones.
The Cupertino, California-based company said Monday that all of its iPhone manufacturing facilities are outside Hubei province, the epicenter of the outbreak, and all have been reopened. But the company said production is ramping up slowly.
“The health and well-being of every person who helps make these products possible is our paramount priority, and we are working in close consultation with our suppliers and public health experts as this ramp continues,” Apple said in a statement.
The death toll from COVID-19, a disease caused by the new coronavirus, was 1,770 as of Monday.
Apple says demand for iPhones is also down in China because many of Apple’s 42 retail stores there are closed or operating with reduced hours. China is Apple’s third largest retail market for iPhones, after the US and Europe.
Outside China, Apple said iPhone demand has been strong and is in line with the company’s expectations.
On Jan. 28, Apple said it expected second quarter revenue between $63 billion and $67 billion. Apple’s second quarter ends March 30.
Apple says the situation is evolving and it will provide more information on its next earnings call in April.