Ryanair to cut 3,000 jobs
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O Leary predictions for the industry
Originally Posted by Adambrau
O Leary prediction for the industry -" Ryanair said its flights will remain grounded until "at least July" and passenger numbers will not return to 2019 levels "until summer 2022 at the earliest".
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Originally Posted by kpd
O Leary prediction for the industry -" Ryanair said its flights will remain grounded until "at least July" and passenger numbers will not return to 2019 levels "until summer 2022 at the earliest".
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Click bait, change the title. You missed the "Up to". Most aren't his employees anyway and are employed through intermediaries. Its like when he opens a new base and the magic number is up to 1,000 new jobs to be created. These magic new jobs have never been quantified as far as I can see.
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Originally Posted by MCDU2
Click bait, change the title. You missed the "Up to". Most aren't his employees anyway and are employed through intermediaries. Its like when he opens a new base and the magic number is up to 1,000 new jobs to be created. These magic new jobs have never been quantified as far as I can see.
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Location: uk
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Also threatening to shut Lauda Vienna base unless staff take pay cut and new T&C's.
https://uk.finance.yahoo.com/news/ry...101413052.html
https://uk.finance.yahoo.com/news/ry...101413052.html
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Everyone promise yourselves now. When this is all over, you will not settle for a penny less than what you were being paid as of January 2020!
I fear this is MOL's 'why should they be paid so much, they're just glorified bus drivers' moment.
I fear this is MOL's 'why should they be paid so much, they're just glorified bus drivers' moment.
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Originally Posted by Superpilot
Everyone promise yourselves now. When this is all over, you will not settle for a penny less than what you were being paid as of January 2020!
I fear this is MOL's 'why should they be paid so much, they're just glorified bus drivers' moment.
I fear this is MOL's 'why should they be paid so much, they're just glorified bus drivers' moment.
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Originally Posted by Superpilot
Everyone promise yourselves now. When this is all over, you will not settle for a penny less than what you were being paid as of January 2020!
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Originally Posted by Contact Approach
If only! I've found a large % of those joining RYR will sacrifice themselves for next to nothing just to fly the shiny jet. It really is this industries downfall. Lemmings...
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When this is all over = when social distancing measures are completely relaxed for air travel. And, though we love to accuse those at the bottom of the ladder of taking up any old offer, the reality is not always quite so. Besides, that's for those on the top end of the ladder to address and ensure!
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Originally Posted by Contact Approach
If only! I've found a large % of those joining RYR will sacrifice themselves for next to nothing just to fly the shiny jet. It really is this industries downfall. Lemmings...
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I have a sneaky feeling that this is a step towards the "old" employment model of RYR, when only the highest-standing TRE, TRI etc had direct contracts with the company. Now's the opportunity to axe the majority of direct contracts, hence get rid of pretty much everyone who gets a base salary, regardless actual flight time. And then, as demand picks up, everyone will be hired on a zero-hour contract with a reduced hourly rate. Quite possible, I think.
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Everyone promise yourselves now. When this is all over, you will not settle for a penny less than what you were being paid as of January 2020!
Might want to brush up on understanding supply and demand. The coming years are gonna be reeeeeeeeaaaaly tough for people of your mind set.
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Originally Posted by Superpilot
Everyone promise yourselves now. When this is all over, you will not settle for a penny less than what you were being paid as of January 2020!
I fear this is MOL's 'why should they be paid so much, they're just glorified bus drivers' moment.
I fear this is MOL's 'why should they be paid so much, they're just glorified bus drivers' moment.
The Simple answer is ‘Supply and Demand’
OMAA
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Originally Posted by midnight cruiser
, once the state aid crack cocaine wears off. Karma to you CA.
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Using a rough metric of five crews per short haul aircraft that sounds like about a reduction of 100 planes from a fleet of 450. This is in the same ball park percentage wise as BA's announcement of 12,000 redundancies. So two big players are saying they expect to be operating at around 75% the previous level, once things start up again. Obviously this is a best guess as nobody has any idea what things will look like post lockdown. Given the possibility of little or no foreign tourism for the rest of the year and curtailed business travel this might even be a bit optimistic in the short term.
