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Old 5th Sep 2017, 22:28
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JetpoweredMigrantWkr
 
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Originally Posted by TangoAlphad
A clickable link...

Ryanair CEO Michael O'Leary comments on its future, Brexit, easyJet, Norwegian and bankrupt Air Berlin and Alitalia

Maybe he is just trying to convince FR guys the 10k is a cracking deal and be lucky Ryanair will be the one surviving airline and be glad to have a job..
MOL is trying to convince experienced crews to stay. They have an ongoing issue with losing their experienced pilots. Even though the Ryan air business model is a constant training model, they cannot replace experienced pilots fast enough. That is going to be the Ryan Air Achilles heel if they want to grow. Other airlines are simply offering better T&C. MOL has cut Ryan Air's expenses so deeply that they have nowhere to go except to offer better pay to retain crews. The 10K bonus is a one-time expense and insufficient to attract what they need IMHO.
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