By Elena Vardon

 

Ryanair Holdings PLC on Tuesday said that it has signed a four-year pay agreement with Irish trade union Forsa Union and its pilots, which includes pay increases and pay-cut restorations.

Under the deal, Ryanair's pilots in Ireland will get three years of pay increases over the next four years until March 2027, the Irish low-cost carrier said.

The pilots will also have pay cuts agreed on during the Covid-19 pandemic restored in their December payroll, the company said.

 

Write to Elena Vardon at elena.vardon@wsj.com

 

(END) Dow Jones Newswires

December 20, 2022 02:39 ET (07:39 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
Grafico Azioni Ryanair (LSE:RYA)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Ryanair
Grafico Azioni Ryanair (LSE:RYA)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Ryanair