Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Irish Stock Exchange  >  Ryanair Holdings plc    RYA   IE00BYTBXV33

RYANAIR HOLDINGS PLC (RYA)
Mes dernières consult.
Most popular
Report
Real-time Quote. Real-time Tradegate - 01/23 06:38:42 pm
17.015 EUR   +3.12%
11:01a EasyJet secures revenue boost from faltering rivals
01/22 RYANAIR : To Operate Peak Summer Route From Knock To Girona
01/19 RYANAIR : Bookings record on Ryanair flights
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Ryanair : launches programme to improve pilot management - memo

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 10:50pm CET
FILE PHOTO: Ryanair commercial passenger jet takes off in Colomiers near Toulouse

Ryanair is to increase the number of pilots it employs directly and hire more staff to respond to their queries as part of a new programme to improve its pilot management, according to an internal memo seen by Reuters.

The airline in September cancelled 20,000 flights, saying rostering problems had left it without enough standby pilots to operate without significant delays. The resulting wave of passenger outrage threatened to undo the success of its 'Always Getting Better' customer service drive.

Europe's largest airline by passenger numbers has responded by promising pilots improved pay and conditions, which it says exceed those offered by rivals.

In the memo, Chief People Officer Eddie Wilson said almost 20 of Ryanair's 86 bases had voted for the pay deal as of Friday. However, a number of bases, including its largest hub at London Stansted, have rejected the offer.

Some pilots have been using September's rostering issue to press for better conditions and the creation of a pan-European representative body; Ryanair has long opposed recognising unions.

Ryanair said in the memo sent on Friday that it would "dramatically increase" the number of pilots employed directly rather than by outside agencies; over 180 first officers would be offered Ryanair contracts in November, and 300 more offers would be made by December.

It also said it had hired 1,040 new pilots this year, with the newest entrants receiving the better pay terms, and that it expected another 400 to join by March, bringing its crewing ratio to 11.0 pilots per aircraft from 10.5 by the time the busy European summer schedule begins.

A new crew control mobile phone app has also been introduced to speed up the logging of absences, and the memo says Ryanair will double the number of base managers to eight in the weeks ahead to "respond even faster to even more pilot queries".

"We have launched an Always Flying Better (AFB) programme to fill the infrastructure gaps in pilot communications, admin support and effective structures for resolving pilot queries," Wilson said.

Wilson also said a problem with allocated leave for December had caused inconvenience to a small number of pilots.

Some pilots have said that a significant number of their colleagues have reported being assigned annual leave days without consultation.

Asked for more detail, a spokesman said Ryanair did not comment on its internal communications, or its direct engagement with staff.

(Writing by Padraic Halpin; Editing by Kevin Liffey)

By Conor Humphries and Padraic Halpin

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on RYANAIR HOLDINGS PLC
11:01a EasyJet secures revenue boost from faltering rivals
01/22 RYANAIR : Air Malta – managing expectations
01/22 RYANAIR : To Operate Peak Summer Route From Knock To Girona
01/22 RYANAIR : passengers fight for expenses if flights are delayed
01/21 RYANAIR : new cabin bag policy
01/19 RYANAIR : Bookings record on Ryanair flights
01/19 RYANAIR : UK pilots vote to accept pay increases of up to 20% in January
01/19 RYANAIR : HMRC and employment tsar may question airline over pay
01/19 RYANAIR : Pilots at each of Ryanair's UK bases agree to rise in salary
01/18 Scandinavian airline SAS sees Airbus jet order this spring
More news
News from SeekingAlpha
01/18 Ryanair rallies after step forward on pilots deal
01/11 Ryanair higher after UBS upgrade
01/03 Ryanair updates on December traffic
01/03 Ryanair updates on traffic
2017 Ryanir faces pilot walkout in Germany
Financials (€)
Sales 2018 7 011 M
EBIT 2018 1 661 M
Net income 2018 1 419 M
Debt 2018 248 M
Yield 2018 0,83%
P/E ratio 2018 13,75
P/E ratio 2019 13,15
EV / Sales 2018 2,82x
EV / Sales 2019 2,56x
Capitalization 19 517 M
Chart RYANAIR HOLDINGS PLC
Duration : Period :
Ryanair Holdings plc Technical Analysis Chart | RYA | IE00BYTBXV33 | 4-Traders
Technical analysis trends RYANAIR HOLDINGS PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 18,3 €
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Michael O’Leary Chief Executive Officer & Executive Director
David Bonderman Independent Executive Chairman
Peter Brendan Bellew Chief Operating Officer
Neil Sorahan Chief Financial Officer
John Hurley Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
RYANAIR HOLDINGS PLC10.11%23 916
DELTA AIR LINES7.16%42 871
AIR CHINA LTD.-8.52%24 115
UNITED CONTINENTAL HOLDINGS INC13.50%22 773
INTERNATIONAL CONSOLIDATED AIRLINES GROUP1.14%18 493
LUFTHANSA GROUP-3.55%16 787