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  
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector 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 CEST
FILE PHOTO: Ryanair commercial passenger jet takes off in Colomiers near Toulouse

DUBLIN (Reuters) - 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
04/24RYANAIR : European cabin crew unions give Ryanair June 30 deadline on contracts
RE
04/24Ryanair agrees to buy 25 more Boeing 737 MAX planes
RE
04/24RYANAIR : First Flight from Bosnia and Herzegovina
AQ
04/23Southwest Expects Minor Disruptions as It Inspects Engines -- 3rd Update
DJ
04/23RYANAIR RECOGNIZES GERMAN UNION TO R : Verdi
RE
04/21RYANAIR : coming to Lviv will increase the number of tourists from Europe
AQ
04/19RYANAIR : 92% of Customers Satisfied With Flight Experience
AQ
04/19RYANAIR : Countdown to Ryanair Steeplechase At Punchestown Under Way
AQ
04/19RYANAIR : 92pc happy with Ryanair's flights
AQ
04/17RYANAIR : European pilots want better representation as transnational airlines g..
AQ
More news
News from SeekingAlpha
04/24Industrials Enter The Earnings Spotlight, And Alphabet Sells Off (Wall Street.. 
04/24WALL STREET BREAKFAST : Industrial Earnings On The Radar 
04/24Ryanair firms up order for 25 737 MAX 8s 
04/23OAKMARK INTERNATIONAL FUND : Q1 2018 
04/13RYANAIR : Dominating European Sky 
Financials (€)
Sales 2018 7 060 M
EBIT 2018 1 666 M
Net income 2018 1 427 M
Debt 2018 306 M
Yield 2018 2,29%
P/E ratio 2018 12,95
P/E ratio 2019 12,76
EV / Sales 2018 2,60x
EV / Sales 2019 2,33x
Capitalization 18 083 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
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 18,2 €
Spread / Average Target 17%
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 PLC3.37%22 093
DELTA AIR LINES-2.48%39 163
AIR CHINA LTD.-11.44%22 483
UNITED CONTINENTAL HOLDINGS INC4.35%20 427
INTERNATIONAL CONSOLIDATED AIRLINES GROUP-5.04%17 434
LUFTHANSA GROUP-13.90%15 080