Ryanair crew have agreed to a pay cut of up to 20% in order to save jobs.
Unions have secured agreements with Ryanair which will result in no job losses among cabin crew and pilots.
Unite, which represents cabin crew, has hailed the airline’s ‘constructive’ approach as being in direct contrast to other airlines.
As part of the negotiations, Ryanair said pilots have agreed a 20% pay cut, to be restored over four years.
They have also agreed productivity improvements on rosters, flexibe working patterns and annual leave.
Unite agreed the following measures:
- workers will have a temporary tiered pay cut; the lowest paid will have a 5% pay cut, then 7.5% and the highest paid will have a 10%
- the pay cuts will be returned in two tranches in 2023 and 2024
- the current pay agreement covering increases in wages will be retained and will be phased in from 2023
- there will be a review clause which if Ryanair returns to pre-Covid-19 levels of business earlier, the pay cuts can be reversed earlier.
In a statement, Ryanair said:”This agreement gives Ryanair the 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.”
