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Commercial threat emerging.
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I would not say screwed but treated like human beings with common courtesy and professionalism. The most important asset of any company is its employees but unfortunately a lot of companies do not see it that way.
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Finally, glad to learn some calm and pragmatism developing. Seems the union and the employer have seen sense in the optimum route towards workplace disputes resolution. Hope it progresses well for both sides.
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Fraport will sell its shares for Hannover Airport. Maybe FR can start operation as Fraport was rumoured to block them to fly to/from HAJ.
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Originally Posted by mik3bravo
(Post 10215022)
Finally, glad to learn some calm and pragmatism developing. Seems the union and the employer have seen sense in the optimum route towards workplace disputes resolution. Hope it progresses well for both sides.
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Originally Posted by EIFFS
(Post 10216732)
Sadly I think the management are playing for time, get the peak summer production over and the true position will be clearer, I’d loved to be proved wrong, but you know what they say about spots and leopards |
Another lead story on ITV Anglia news about the almost daily mass calculation of flights from Stansted with Ryanair not only blaming the current weather but weather forecasts as well when all the other airlines just carry on as normal. Think the report stated 28 flights cancelled yesterday evening although a quick look now doesn't show too many issues this evening.
Lots of people missed their flights today due to a knock on effect of Ryanair queues according to the report due to less Ryanair check-in desk than normal. This also from the BBC https://www.bbc.co.uk/news/uk-england-essex-45111586 Are Ryanair being honest or just trying to avoid paying compensation? |
It could not probably due to ongoing crewing problems. Heaven forbid. As someone famously said ''you may think that but I couldn't possibly comment'.
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Passenger's outrage at Ryanair walkouts
Sky News clip |
If Mr O'Leary decides to send all his striking staff to Poland Ryanair will have some size of an operation there 😂
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AGM coming up on 20/09/18
It will be very interesting to see how dispute negotiations progress in the interim period. I see the stock price is coming off and sliding downwards. Analyst sentiments turning negative now, that's going to accelerate commercial measures which will likely result in restructuring, or to put it another way, redundancies. Brinkmanship is a dangerous dynamic now for both sides. |
Ryanair/ strikes/ Do EU 261 rules on compensation apply to Ryanair
Originally Posted by LTNman
(Post 10218427)
Are Ryanair being honest or just trying to avoid paying compensation? Currently the Spanish NATIONAL (sic) broadcaster RTVE is reporting on its teletext service that: "The PM Pedro Sánchez has insisted that the government "will be watchful" that passenger rights are carried through for those affected by the Ryanair strike. Sánchez says they will keep a keen eye on passenger rights because although the striking pilots are from Germany, Belgium, Ireland and Sweden, they affect flights to Spanish airports" Time for MOL to start trembling? ¿ Or just another PR stunt, a few hours before he meets Mutti to advise her on how to solve the refugee crisis, from the man in the Rayburn glasses who brought us even more hot air than the Sahara recently ? |
EU261 doesn't apply to strike action.
FR are handling strike cancellations well given the situation which you don't see often during other strikes. Rerouting options is where potential issues could arise. |
Originally Posted by Jamie2k9
(Post 10220724)
EU261 doesn't apply to strike action.
FR are handling strike cancellations well given the situation which you don't see often during other strikes. Rerouting options is where potential issues could arise. Regardless of the compensation issue, the bad publicity surrounding Ryanair must be having a devastating affect on forward bookings, causing serious cash flow issues. |
The strike will cause a knock to profitability for sure. My understanding is that Ryanair is hardly a cash-poor company and even if it needed to borrow funds would have little difficulty finding a mainstream lender willing to provide cash
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It's highly cash rich that is for sure and can sustain fairly significant blows without hurting cash reserves.
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The way I see it, Ryanair will one way or another have to pay out for all the cancellations, it just takes one court case and any judge will see Ryanair for what they are. It’s just wrong what they are doing, Flying passengers out and cancelling the return with no seats for upto 5 days, no alternative flights on other airlines, no hotels, no help what so ever. i know of a family who payed a lot of money to fly to Rome on bank holiday only to be told sorry your flight has been cancelled, go away, we can’t help, we have a flight in 5 days with 2 seats on but we can’t guarantee it will operate they had to spend £500 on flights with Easyjet from another airport then a taxi to Stansted for Gatwick at 0100 in the morning. there were people in Rome with no money to even get a meal never mind a hotel or alternative flights. It’s just wrong. |
Originally Posted by davidjohnson6
(Post 10220852)
The strike will cause a knock to profitability for sure. My understanding is that Ryanair is hardly a cash-poor company and even if it needed to borrow funds would have little difficulty finding a mainstream lender willing to provide cash
I think you'll find that the CAA does not agree with you, as regards EU261 not applying. The view is that the industrial action and consequent flight cancellations, are within Ryanair's control, and that EU 261 is therefore applicable . Regardless of the compensation issue, the bad publicity surrounding Ryanair must be having a devastating affect on forward bookings, causing serious cash flow issues. The way I see it, Ryanair will one way or another have to pay out for all the cancellations, it just takes one court case and any judge will see Ryanair for what they are. It’s just wrong what they are doing, Flying passengers out and cancelling the return with no seats for upto 5 days, no alternative flights on other airlines, no hotels, no help what so ever. i know of a family who payed a lot of money to fly to Rome on bank holiday only to be told sorry your flight has been cancelled, go away, we can’t help, we have a flight in 5 days with 2 seats on but we can’t guarantee it will operate they had to spend £500 on flights with Easyjet from another airport then a taxi to Stansted for Gatwick at 0100 in the morning. there were people in Rome with no money to even get a meal never mind a hotel or alternative flights. It’s just wrong. People in Rome with no money is just poor money management on there behalf, how did they survive on there holiday in Rome or when they are going. |
An airline that has ambitions of operating more than 500 aircraft and carrying 200 million passengers will certainly not be letting pilots go. It’s all hot air, they’ll use their tricks to try and move trouble makers, which is why all must stand tall and be counted. On the other side of this saga could be a very good airline for passengers and employees that would still make record profits year in year out. Just needs some common sense, respect and conditions that we all take for granted in our jobs. Bottled water would cost nothing but make a big difference on a long 4 sector day as would food. Improved leave system, basing system, sick pay, local contracts. Not rocket science but would keep vast majority happy. |
Ryanair is cash-rich because its business model works. If the pilots win major changes to their employment packages, thereby increasing costs substantially, Ryanair's mission to be lowest cost operator will take a hit. They can't afford to let the pilots win, and if any settlement is too costly I can see future changes to the business model that the pilots might not like.
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