Ryanair-10
Join Date: Oct 2017
Location: Behind a desk, dreaming of the sky
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It worked for them in the past, and maybe they assume it will still
Problem is, this is 2017 and the employee commands more respect. Unless there are masses of pilots ready and waiting to pick up the slack on the lower pay/bonus, then the incumbents have the upper hand and Ryanair will eventually have to give way (kicking and screaming all the way)
"Haven't had a strike before", there's a first time for everything, and maybe it's long overdue
Problem is, this is 2017 and the employee commands more respect. Unless there are masses of pilots ready and waiting to pick up the slack on the lower pay/bonus, then the incumbents have the upper hand and Ryanair will eventually have to give way (kicking and screaming all the way)
"Haven't had a strike before", there's a first time for everything, and maybe it's long overdue
Join Date: Apr 2016
Location: Essex
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"Problem is, this is 2017 and the employee commands more respect."
The idea of power in the hands of the workforce died in 1979.
If FR pilots take this action, they'd better be prepared for the long game and they'd better be all in this together. Anything less will result in the man dismissing pilots for breach of contract. After all, there's a recruitment drive going on. And those new people need a demonstration of what will happen if they step out of line.
Strike action could cause a lot of short term pain for FR. But, investors and the board will back MOL all the way.
The idea of power in the hands of the workforce died in 1979.
If FR pilots take this action, they'd better be prepared for the long game and they'd better be all in this together. Anything less will result in the man dismissing pilots for breach of contract. After all, there's a recruitment drive going on. And those new people need a demonstration of what will happen if they step out of line.
Strike action could cause a lot of short term pain for FR. But, investors and the board will back MOL all the way.
Join Date: Jul 2006
Location: Ballymena
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Investors will back them until it starts to affect share price/dividends. Then they will turn like a pack of wolves. Dangerous game for MOL and the board and I made a comment a while back that the future of Ryanair was dependent on how they managed this crisis. Evidence is not very well and they are learning little. That in itself is dangerous. You can go from being a very strong player to a weak position very quickly and there were much bigger companies than Ryanair that no longer exist.
Correct. No CEO is bigger than the company they run, and while MOL’s contribution to Ryanair’s success is unquestionable, if it’s judged that he can no longer take the company forward then his previous track record will count for little. Especially if his specific personality traits and methods are seen to be part of the problem rather than the solution.
Join Date: Aug 2008
Location: bishops stortford herts
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True Blue.
mmmmmmmm...
I sense an agenda....Anyhows if in the last line the reference to "much bigger companies" contains airlines (presumably not)...name one.
It would be clearer if you could add context anyway as to why these perceived companies failed "very quickly" or just failed.
For an agenda valid criteria is very helpful...hyperbole remains thus.
mmmmmmmm...
I sense an agenda....Anyhows if in the last line the reference to "much bigger companies" contains airlines (presumably not)...name one.
It would be clearer if you could add context anyway as to why these perceived companies failed "very quickly" or just failed.
For an agenda valid criteria is very helpful...hyperbole remains thus.
Investors will back them until it starts to affect share price/dividends. Then they will turn like a pack of wolves. Dangerous game for MOL and the board and I made a comment a while back that the future of Ryanair was dependent on how they managed this crisis. Evidence is not very well and they are learning little. That in itself is dangerous. You can go from being a very strong player to a weak position very quickly and there were much bigger companies than Ryanair that no longer exist.
Higher long term operating costs may permanently reduce share price and dividends. Short term industrial disruption may possibly only impact on one financial year.
Investors can have long term as well as short term time horizons. Some short term pain to maintain a longer term goals may be acceptable.
Join Date: Aug 2016
Location: Oban, Scotland
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It's very expensive if you have to keep recruiting new staff to replace those whom you have p****d off so much that they have left.
The more MOL rails against ever recognising a TU, the more one is necessary.
The more MOL rails against ever recognising a TU, the more one is necessary.
Join Date: Sep 2016
Location: Siargao Island
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And it can be very expensive if one loses their job with one of only perhaps two jet airlines in their home domicile and they need to relocate to another country to work, buy/sell real estate or live a life away from home, buggesation factor, missing the wife and kids, accommodation and commuting expenses etc.
I'm no fan of MOL or Ryanair, indeed sales of popcorn should go thru the roof with this one, I'll be watching with interest but I'm not the one putting his job on the line for the audience to enjoy munching their popcorn!
I'm no fan of MOL or Ryanair, indeed sales of popcorn should go thru the roof with this one, I'll be watching with interest but I'm not the one putting his job on the line for the audience to enjoy munching their popcorn!
Join Date: Aug 2016
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)Join Date: Jun 1999
Location: UK
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If we think of Ryanair as a cancer within the body of aviation in Europe then this small step takes us into the GPs surgery. It will be a long time before the patient is given the all clear as the cancer will certainly resist treatment.
Good luck to the Ryanair pilots. They'll need it.
Good luck to the Ryanair pilots. They'll need it.
Join Date: Dec 2010
Location: UK
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Bernoulli. What a stupid, idiotic remark to describe Ryanair as a ‘cancer’. As well as providing safe, affordable low fares to 10’s of millions of passengers across Europe, Ryanair has created thousands of well paid, secure jobs, not least for pilots. They’re not perfect but please don’t wish them dead, we’d all be poorer without them