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RNS Number : 2943K

Ryanair Holdings PLC

20 December 2022

RYANAIR CONCLUDES 4 YEAR PAY DEAL WITH FORSA UNION TO COVER ITS IRISH PILOTS

Ryanair today (Tues, 20 Dec) confirmed that it has signed a 4 year pay agreement with the Fórsa union and its Irish pilots under which Ryanair's Irish pilots will receive an accelerated restoration of pay cuts previously agreed during the Covid Pandemic.

These pay cuts will now be fully restored in the Irish pilots' December payroll and the agreement also incorporates 3 years of pay increases spread over the next 4 years up to March 2027. This agreement with Fórsa and Ryanair's Irish pilots was facilitated by discussions which took place on Fri 16(th) Dec at the Workplace Relations Commission (WRC).

Ryanair's People Director, Darrell Hughes, said:

"We welcome this pay restoration agreement with Fórsa and our Irish pilots which will see pay cuts previously agreed during Covid restored in the Dec payroll in time for Christmas.

This agreement which includes annual pay increases for the next 4 years now brings our Irish pilots into line with similar pay restoration deals concluded with our other pilot unions across Europe over the past 9 months. We are grateful for the assistance of the WRC in reaching this sensible agreement with Fórsa and our Irish Pilots."

ENDS

For further information

   please contact:                                Press Office 

Ryanair DAC

Tel: +353-1-9451799

press@ryanair.com

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(END) Dow Jones Newswires

December 20, 2022 02:01 ET (07:01 GMT)

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