Report of Foreign Issuer (6-k)
July 06 2020 - 6:34AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the
month of July
2020
RYANAIR HOLDINGS PLC
(Translation
of registrant's name into English)
c/o Ryanair Ltd Corporate Head Office
Dublin
Airport
County Dublin Ireland
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file
annual
reports
under cover Form 20-F or Form 40-F.
Form
20-F..X.. Form 40-F
Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities
Exchange
Act of
1934.
Yes
No ..X..
If
"Yes" is marked, indicate below the file number assigned to the
registrant
in
connection with Rule 12g3-2(b): 82- ________
RYANAIR AND ITS IRISH PILOTS AGREE ON PAY CUTS
TO SAVE IRISH PILOT JOBS
Ryanair today (3 July) welcomed acceptance by 100% of its Irish
Pilots of a 4-year agreement which includes a 20% pay reduction,
restored over 4 years, along with productivity improvements on
rosters, flexible working patterns and annual leave to minimise
Irish Pilot job losses. This agreement gives Ryanair a framework to
flex its operation during the Covid-19 crisis and a pathway to
recovery when the business returns to normal in the years
ahead.
Earlier this week BALPA and Ryanair UK pilots accepted a similar
deal to save jobs also with 20% pay cuts and productivity
improvements.
Ryanair has also signed agreements with the Fórsa union for
our Irish based cabin crew and the UNITE union for our UK cabin
crew on up to 10% pay reductions, fully restored over 4 years as
well as productivity improvements to save jobs. These cabin crew
agreements are currently out to ballot.
These agreements demonstrate that Ryanair Pilots wish to work with
the airline during the Covid-19 crisis where Ryanair will carry 50%
less traffic, at significantly lower fares for the foreseeable
future.
Ryanair's CEO Eddie Wilson said:
"We welcome this week's results in both Ireland and the UK of
acceptance of a 4-year agreement on 20% pay cuts and productivity
improvements on rosters and flexible working patterns to save the
maximum number of Irish and UK Pilot jobs. The strength of this
acceptance demonstrates the commitment from our pilots in Ireland
and the UK to work with Ryanair as we work our way through this
crisis over the next number of years".
ENDS
For further information
please
contact: Alejandra
Ruiz
Piaras
Kelly
Ryanair
DAC Edelman
Ireland
Tel:
+353-1-9451799
Tel: +353-1- 592
1330
press@ryanair.com
ryanair@edelman.com
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
Date: 03
July, 2020
|
By:___/s/
Juliusz Komorek____
|
|
|
|
Juliusz
Komorek
|
|
Company
Secretary
|
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