Ryanair Strike implications re Cancellations NO INDUSTRIAL RELATIONS POSTS

737max

View Profile wrote: »

Ah come on, pull the other one!

That is exactly what Ryanair have been doing. Short term, one of cash payments. No contractual changes to basic salary. It's purely a once of payment to try and stem the exodus of pilots.
And clearly it's not going to work as pilots en masse are rejecting theses deals as the sham for what they are.

Real long term stability will come from what the pilot body are requesting.
Maybe investors should listen to their professional pilot body who have a vested interest in the company longterm rather than the lies from senior management.

No, agitators need to be identified and off-boarded in a controlled fashion.

Bob24

737max wrote: »

Investors in Ryanair will not approve of Management simply bribing Pilots as that undermines the cost base of the company.
Investors in Ryanair are looking for long term growth based on competitive advantage they are not looking for annual dividends.
Management know what is expected of them.

First two statements are absolutely correct (on the third one I doubt any of us has all the information to be that assertive).

But based on posts history there is probably a large gap between what you define as "bribing" and what most people would.

View Profile

737max wrote:

No, agitators need to be identified and off-boarded in a controlled fashion.

Yes Stalin.

737max

View Profile wrote: »

That pic is from a wings ceremony every new pilot attends at HQ. Captain's are required to attend too. Just none were recruited that week.

promotions don't happen in Ryanair? Do you want to spin a story about Ryanair not offering a career path for pilots.

737max

View Profile wrote: »

Yes Stalin.

Since when have private companies been democracies? If you want that then go off and set up Co-opAir

View Profile

737max wrote:

promotions don't happen in Ryanair? Do you want to spin a story about Ryanair not offering a career path for pilots.

Newly promoted pilots are also required to attend. Although none were that week either.



(Probably left for Norwegian /Aer Lingus /Wow Air/SAS /TAP / etc.)

737max

View Profile wrote: »

Newly promoted pilots are also required to attend. Although none were that week either.



(Probably left for Norwegian /Aer Lingus /Wow Air/SAS /TAP / etc.)

Yeah, none in any of the other pictures from the year either even with the pictures taken from above.
Only 2 stripes and 4 stripes with garnish.
We are looking at pictures of 2 stripe new recruits.

Perhaps we can break off this part of the thread and move it to the conspiracy theory forum with a heading "Ryanair has no captains on their planes anymore".

Tenger

At this point all can see is immature sniping at other posters
Stop the bickering or the thread will be locked and the main trollish posters infracted or banned.
And as a reminder, Mods are here to monitor and keep the place civil. They are not here to give support to one posters opinions over another’s. If you are reporting a post because you disagree with it then you need to back away from the thread.

View Profile

From Financial Mail on Sunday...

Investors hoping Ryanair boss Michael O'Leary can prove he has airlines long-running spat with pilots under control

Investors are hoping that Ryanair boss Michael OLeary can prove on Tuesday he has the airlines long-running spat with his pilots under control.

City sources expect a change of tone from the normally wise-cracking OLeary when he unveils the firms latest half-year figures.

One City bank source said: Unusually, he'll be using this as a platform to calm the market down rather than to generate publicity for the company, which has been his strategy for the past 32 years.

What we're all looking for is how the pilots are reacting to the negotiations.

He may tell us, "We're engaging with pilots, we are offering increased pay, loyalty bonuses and it's all brilliant." But until we know for sure that pilots are happy with new terms and the risk of industrial action has severely diminished the market will remain uneasy.

The source said O'Leary's job was not under immediate threat, but added: Nothing is unthinkable this has clearly been the biggest operational problem Ryanair has ever had.

If the problems are resolved everyone is delighted. If not, then ultimately his management style could come into focus.
[edited ]

JCX BXC

What's up with all the euro signs and other symbols?

View Profile

Dunno. Pasted it from a website.

737max

View Profile wrote: »

Dunno. Pasted it from a website.

paste everything in to a text editor like notepad before pasting to a webpage in future as then any hidden characters are either removed or become visible.

BTW I bought more Ryanair shares just now; great well run company that I'm happy to fly with and invest in.

L1011

First issue ever to cause their "brand sentiment" index to go down. Semi spurious concept but Core are a huge firm and the statistical basis is valid

https://www.irishtimes.com/business/media-and-marketing/ryanair-plunge-suggests-there-is-such-a-thing-as-bad-publicity-1.3274115

Mebuntu

L1011 wrote: »

First issue ever to cause their "brand sentiment" index to go down. Semi spurious concept but Core are a huge firm and the statistical basis is valid

https://www.irishtimes.com/business/media-and-marketing/ryanair-plunge-suggests-there-is-such-a-thing-as-bad-publicity-1.3274115

I doubt if MOL would be paying any attention to something called BSI

737max

Immature sniping edited out
They note that the new contractors go on to the new pay scales while the agitators get left behind.

https://uk.reuters.com/article/uk-ryanair-results/ryanair-on-target-for-record-profit-despite-cancellations-mess-idUKKBN1D00HY

Fred Swanson

This post has been deleted.

737max

Fred Swanson wrote: »

This post has been deleted.

Pilots with big loans which need to be repaid will not be striking. Contractors who withdraw services will be in breach of contract and subject to massive penalties up to and including through the courts.
All these threats from agitators ring hollow.

Tenger

737max wrote: »

Immature sniping edited out
They note that the new contractors go on to the new pay scales while the agitators get left behind.

https://uk.reuters.com/article/uk-ryanair-results/ryanair-on-target-for-record-profit-despite-cancellations-mess-idUKKBN1D00HY

That’s not exactly what the article states. The focus is on their yearly profits and how a E100m paydeal for pilots would not affect that. Not unexpected in my book.
It’s say newly hired flight crew are on the new higher salaries and that FR is still open to talks with their existing pilot group. “The door remains open”
Article states that only 2 bases have outright rejected the deal with “just over 10 of the 87 bases” accepting it. It would be interesting to see the graph of bases crew/fleet sizes, and where the accepting bases are positioned versus the STN and MAD bases which rejected the deal.

In the articles MoL acknowledges the “outflow” of pilots to Norwegian, has he previously acknowledged this? I thought he had denied it in response to claims from the Norwegian CEO?

Fattes

https://m.independent.ie/business/irish/profit-and-customer-numbers-increase-at-ryanair-despite-roster-woes-36276511.html

Not effecting the bottom line!

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That's because they haven't released results from that period yet. All these profits are pre-cancellations.

737max

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That's because they haven't released results from that period yet. All these profits are pre-cancellations.

No. He is being quoted regarding guidance for the full financial year. That is information Investors rely upon so he can't lie to them on those figures.

737max

Fred Swanson wrote: »

This post has been deleted.

These pilots will be on enforced leave in spring of 2018; They're needed for high season.
Every month that passes by Ryanair's position becomes stronger and the Pilots' positions weaker.

pilly

737max wrote: »

No. He is being quoted regarding guidance for the full financial year. That is information Investors rely upon so he can't lie to them on those figures.

Are you just ignoring this piece of the article?

"Looking forwards, the low-cost airline said that the grounding of 25 aircraft means it will slow its growth in the second half of the year to approximately 4pc, resulting in full year traffic slowing from 131 million customers to 129 million customers."

No-one in their right mind can deny that this has had and will continue to have a detrimental effect on figures-even MOL.

737max

pilly wrote: »

Are you just ignoring this piece of the article?

"Looking forwards, the low-cost airline said that the grounding of 25 aircraft means it will slow its growth in the second half of the year to approximately 4pc, resulting in full year traffic slowing from 131 million customers to 129 million customers."

No-one in their right mind can deny that this has had and will continue to have a detrimental effect on figures-even MOL.

it has had an effect and instead of Ryanair's financial figures exceeding their guidance they will instead just hit their guidance until the pilot issue is fully resolved. I'm happy that Ryanair's response will resolve the issue and that appears to be the consensus in the market too. The shares I bought in the company are well up.
I see Ryanair share price rising to about 22 to 24 euro on current strategy and beyond that there is little scope for growth unless Ryanair innovate still further their current ultra low cost carrier business model.

pilly

737max wrote: »

it has had an effect and instead of Ryanair's financial figures exceeding their guidance they will instead just hit their guidance until the pilot issue is fully resolved. I'm happy that Ryanair's response will resolve the issue and that appears to be the consensus in the market too. The shares I bought in the company are well up.
I see Ryanair share price rising to about 22 to 24 euro on current strategy and beyond that there is little scope for growth unless Ryanair innovate still further their current ultra low cost carrier business model.

I'm glad you're happy as a shareholder. Doesn't mean you can jump up and down on this thread because posters are not happy as customers.

Fattes

pilly wrote: »

Are you just ignoring this piece of the article?

"Looking forwards, the low-cost airline said that the grounding of 25 aircraft means it will slow its growth in the second half of the year to approximately 4pc, resulting in full year traffic slowing from 131 million customers to 129 million customers."

No-one in their right mind can deny that this has had and will continue to have a detrimental effect on figures-even MOL.

What effect do you think it is having, they are still Increasing passenger nunbers, and profits at predicted levels.

737max

I'm a customer too and still flying with Ryanair. last flight with them was last week.

pilly

Fattes wrote: »

What effect do you think it is having, they are still Increasing passenger nunbers, and profits at predicted levels.

I'm not going to do a maths lesson for people who can't be convinced that this has had no effect on their bottom line.

Seriously though, it's simple. All those cancelled flights = lost revenue. Compensation = costs. What's complicated about it?

View Profile

Not to mention lack of expansion next year due lack if pilots.

Ryanair has always succeeded by constantly expanding and growing in new markets. New aircraft are arriving from Seattle every few weeks but the problem still exists, they can't retain pilots!!

Fred Swanson

This post has been deleted.