Ryanair pilot strike
Join Date: Sep 2017
Location: Europe
Posts: 1,674
Likes: 0
Received 0 Likes
on
0 Posts
With the potent reality emerging to even the most bolted on IR thug, that unlimited supply is no more, an eerie silence is permeating the halls of the Airside business park in Dublin.
Taking the TUs to Court due to a possibly "unlawful" strike and the EU Comp payouts would be, er, interesting. There is some Research that would suggest that as a strike develops, both sides "dig in", - as long as they can afford the cost - and as they dig in, their attitudes to the other party harden, and their need to "win" becomes stronger.
So, a Court action might be a risk neither side wants to take.
But, being an idiot in IR terms is not unknown.
So, a Court action might be a risk neither side wants to take.
But, being an idiot in IR terms is not unknown.
Thread Starter
Join Date: Feb 2008
Location: on a beach
Age: 68
Posts: 350
Likes: 0
Received 0 Likes
on
0 Posts
Ryanair and its Irish pilots reach a deal. Let's see what happens in other European countries.
https://finance.yahoo.com/news/ryana...144802145.html
https://finance.yahoo.com/news/ryana...144802145.html
Join Date: Feb 2013
Location: 60 north
Age: 59
Posts: 17
Likes: 0
Received 0 Likes
on
0 Posts
Hi
A quick update:
According a press release from RYR the Italian based pilots has signed and accepted a CLA ( Collective Labor Agreement)
According to RYR Italy represents 20 of the total production.
A quick update:
According a press release from RYR the Italian based pilots has signed and accepted a CLA ( Collective Labor Agreement)
According to RYR Italy represents 20 of the total production.
Join Date: Aug 2015
Location: Escaped the sandpit 53° 32′ 9.19″ N, 9° 50′ 13.29″ E
Posts: 591
Likes: 0
Received 0 Likes
on
0 Posts
The Saga continues......
German pilots and cabin crew will strike on Wednesday. Link only in german, sorry
Ryanair: Deutsche Piloten wollen am Mittwoch erneut streiken - SPIEGEL ONLINE
German pilots and cabin crew will strike on Wednesday. Link only in german, sorry
Ryanair: Deutsche Piloten wollen am Mittwoch erneut streiken - SPIEGEL ONLINE
Join Date: Feb 2013
Location: 60 north
Age: 59
Posts: 17
Likes: 0
Received 0 Likes
on
0 Posts
The Saga!
Ah , Now we are using words I like.
The Saga.
That indicates History is made.
There is more news on rte.ie and since I can not make a link to the article You all have to find it Yourself, sorry!
But in short , the German RYR employed pilots will have a 24 hrs strike.
What is more , RYR annual meeting (AMG) on the 20 sept is closed to the press AND no press conference afterwards.
I sense change in the air.
Regards
Cpt B
The Saga.
That indicates History is made.
There is more news on rte.ie and since I can not make a link to the article You all have to find it Yourself, sorry!
But in short , the German RYR employed pilots will have a 24 hrs strike.
What is more , RYR annual meeting (AMG) on the 20 sept is closed to the press AND no press conference afterwards.
I sense change in the air.
Regards
Cpt B
Thread Starter
Join Date: Feb 2008
Location: on a beach
Age: 68
Posts: 350
Likes: 0
Received 0 Likes
on
0 Posts
What is more , RYR annual meeting (AMG) on the 20 sept is closed to the press AND no press conference afterwards.
Join Date: Nov 2017
Location: Under the radar
Posts: 35
Likes: 0
Received 0 Likes
on
0 Posts
But North Korea this is not...the truth will out regardless...and such clumsy attempt to suppress it will no doubt draw the ire of many in the press.
In a vacuum conspiracy theories will abound - Is there a shareholder revolt? Is there a schism in senior management? Is the company trying to hide something, like a serious financial or operational issue?
As I have said before, FR senior management are conditioned to always getting their own way; their inability to fight effectively from the back foot is becoming more evident by the day. It's looking increasingly likely that heads will roll before this is over, all the way to the top.
Join Date: Dec 2012
Location: UK
Posts: 144
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Sep 2017
Location: Europe
Posts: 1,674
Likes: 0
Received 0 Likes
on
0 Posts
From the article...
Finally we see the pendulum swing the other way.
The company's business model is predicated on unlimited supply not only of pilots but all labour unit cost (AKA employees)
TPG aren't really known for their appreciation of humanity, like most private equity, the strategy is strip out cost, lever the balance sheet, break things up and sell them off...Rather like Mr O'Leary and the architects of the adversarial industrial model, a Chair, CEO and senior management welded to an adversarial business model ought rightly be sent to the woodshed. The whole business model needs to change, it has had its day.
"
Ryanair’s employment issues highlight long-standing concerns about governance and in particular Mr Bonderman’s oversight role as chair of the board and his ability to influence the CEO, Michael O’Leary.”
Questions about the company’s business model and governance now pose a threat to shareholder value.
TPG aren't really known for their appreciation of humanity, like most private equity, the strategy is strip out cost, lever the balance sheet, break things up and sell them off...Rather like Mr O'Leary and the architects of the adversarial industrial model, a Chair, CEO and senior management welded to an adversarial business model ought rightly be sent to the woodshed. The whole business model needs to change, it has had its day.
"
From the article...
Finally we see the pendulum swing the other way.
The company's business model is predicated on unlimited supply not only of pilots but all labour unit cost (AKA employees)
TPG aren't really known for their appreciation of humanity, like most private equity, the strategy is strip out cost, lever the balance sheet, break things up and sell them off...Rather like Mr O'Leary and the architects of the adversarial industrial model, a Chair, CEO and senior management welded to an adversarial business model ought rightly be sent to the woodshed. The whole business model needs to change, it has had its day.
"
Finally we see the pendulum swing the other way.
The company's business model is predicated on unlimited supply not only of pilots but all labour unit cost (AKA employees)
TPG aren't really known for their appreciation of humanity, like most private equity, the strategy is strip out cost, lever the balance sheet, break things up and sell them off...Rather like Mr O'Leary and the architects of the adversarial industrial model, a Chair, CEO and senior management welded to an adversarial business model ought rightly be sent to the woodshed. The whole business model needs to change, it has had its day.
"
German Pilots versus FR Management
Thread Starter
Join Date: Feb 2008
Location: on a beach
Age: 68
Posts: 350
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Mar 2002
Location: EU
Posts: 644
Likes: 0
Received 0 Likes
on
0 Posts
And from the EU commissioner:
Commissioner Thyssen receives Ryanair CEO Michael O'Leary - Employment, Social Affairs & Inclusion - European Commission
"Respecting EU law is not something over which workers should have to negotiate, nor is it something which can be done differently from country to country. I made this very clear to Mr. O'Leary today. I am not against Ryanair or against the low-cost business model. But with great success also comes great responsibility. The internal market is not a jungle; it has clear rules on fair labour mobility and worker protection. This is not an academic debate, but about concrete social rights of worker."
Join Date: May 2011
Location: Girona
Posts: 230
Likes: 0
Received 0 Likes
on
0 Posts
Some background reading about the company ...
and its CEO
From the Irish Times today
Not that I can guarantee the authenticity or reliability of any (character) judgements contained therein
https://www.irishtimes.com/culture/b...line-1.3634667
From the Irish Times today
Not that I can guarantee the authenticity or reliability of any (character) judgements contained therein
https://www.irishtimes.com/culture/b...line-1.3634667