Ryanair, UK Pilot Union Balpa Reach Agreement Over Pay Restoration
June 30 2022 - 6:21AM
Dow Jones News
By Ian Walker
Irish budget airline Ryanair Holdings PLC said Thursday that it
and the British Airline Pilots' Association have reached an
agreement on post-Covid pay restoration.
The airline--which expects to grow to 115% of pre-pandemic
capacity this year--said the agreement will accelerate pay
restoration and deliver increases to 2026.
"While the recovery from the impact of the pandemic is still
ongoing and our industry faces significant challenges, this
long-term agreement delivers stability, accelerated pay
restoration, future pay increases and other benefit improvements
for our U.K. pilots," Ryanair People Director Darrell Hughes
said.
He added that the company continues to work with pilots and
their unions on new deals. So far Ryanair has re-negotiated
agreements with 70% of pilots, running until 2026 or 2027, Mr.
Hughes said.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
June 30, 2022 06:06 ET (10:06 GMT)
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