[...]
“There’s a dialogue going on with the unions,” said Mr O’Leary. “What we’ve said is that we will need up to 20pc pay cuts. It’s 20pc for higher paid people like the captains.
[...]
Mr O’Leary said Ryanair intends to try to restore the pay cuts within a three or four-year period as the industry recovers.
[...]
Let's tell the truth: All pilots (also the FOs) looking at a 20% paycut restored to current pay over the next 5 years. No salary progression in the next 5 years, no negotiations, and of course even if the pilots agree to those terms: No guarantee that the jobs cuts can be avoided. And that's just a part of the new T&Cs. At least that's what I´ve heard.