The deal commits Ryanair to making contributions to national health care and social-security funds as well as paternity rights, the Italian pilots union ANPAC said in a statement. A “wide majority” backed the agreement after eight months of negotiations, it said.
Winning over Italian pilots should bolster Ryanair’s hopes ahead of similar negotiations with unions elsewhere in Europe, and limits the extent of any future industrial action that has already led to more than a thousand cancellations this summer. A similar so-called Collective Labor Agreement will be put to flight-deck crew in Ireland for approval after a breakthrough in negotiations last week.
“We welcome this first CLA with our Italian pilots and hope that it will be shortly followed by a similar agreement covering our Irish pilots,” Ryanair Chief People Officer Eddie Wilson said in a separate statement. “We have invited our U.K., German and Spanish unions to meet with us in the coming days.”
Ryanair shares jumped 1.6 percent after the announcement, trading at 14.28 euros as of 11:14 a.m. in Dublin. That pared the stock’s decline this year to 5.1 percent.
Latest Stories
-
Man remanded for uploading nude videos of a lady he lured into a relationship
1 hour -
Explainer: What is the Cash Waterfall Mechanism?
2 hours -
Survivors of child trafficking overcome adversity, excel in tertiary education
3 hours -
Confront the barriers to your progress – Professor Lydia Aziato challenges the youth
3 hours -
Expertise France leads EU-funded initiative empowering African Journalists to combat human trafficking
3 hours -
Ghana Grows Programme empowers Ghanaian youth through Youth Policy Dialogue
3 hours -
Eastern NDC raises GHS5.4m to support Mahama’s 2024 campaign
3 hours -
Kumawood actress Akyere Bruwaa condemns death rumours
3 hours -
Ghana Institution of Engineering calls for proactive measures to prevent flood disaster
4 hours -
Who pays for the extra cost? – COCOBOD CEO questions EU on new regulations
4 hours -
‘Dumsor’ will be over by end of May – Former NPP MP assures
4 hours -
Power crisis is not about money – NPP Manifesto Committee member
4 hours -
Education Minister urges graduates to embrace opportunities
4 hours -
UN rights chief ‘horrified’ by mass grave reports at Gaza hospitals
4 hours -
We need more resources to deal with flooding – NADMO
5 hours