Ryanair downsizing
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Not sure why he is blaming the MAX delivery delays whilst downsizing (including cutting aircraft numbers) for economic reasons. It seems to be a blessing in disguise.
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What about Brexit ? |
His lips were moving.
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He makes it very clear who will pay the bill .......
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If Ryanair has a cold the rest of the industry is bound for tuberculosis. Wonder who will be next?
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Hm..
Aren't the unions threatening with some form of industrial action in a few weeks? Then I find this message more than a "coincidence" Perhaps a threat in disguise of what will be the outcome if "costs" are increased due to new agreements and "loss of profits" in case of industrial actions. Then when they are axing bases and employees they have a very "good" scapegoat, simply blame the unions. Just some random speculations. |
Originally Posted by procede
(Post 10532037)
Not sure why he is blaming the MAX delivery delays whilst downsizing (including cutting aircraft numbers) for economic reasons. It seems to be a blessing in disguise.
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Typical MOL whining before potential industrial actions. Nothing to see here, move on. |
Same old drivel as winter season approaches just <insert excuse here> and squeeze your suppliers/staff harder.
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I love the part where he says that some redundancies might have to be made because hardly any pilots have left voluntarily..Of how I laughed!
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What is so funny about it? The company’s profit has decreased again and the ones working for Ryanair might lose their job!! I dont understand the joke. Aviation is facing difficult times again. |
Pilots and cabin crew alike "loose their job" every year to the extent necessary to match the winter program? This was bound to happen, sooner or later. Nothing grows forever. I presume seniority has not been properly implemented? I'd be worried if I was a contractor or a new hire. Unless they're bluffing, but I am not so sure this time... |
Is it the people who work for RYR that are in the dangerzone or the contractors that are “self employed”. This MOL is a greedy mofo who does not respect the men and women that keep the airplanes in the air. Where I work we hired plenty of RYR pilots over the last 12 months so there are definately people leaving. |
Id imagine contractors are fine as they are free if they don't fly apart from recurrent training. This to me looks like a good way to lose Ryanair employees that are expensive and also weaken the union.
I did hear there are lots of quite rosters now and guys offered unpaid leave instead of standbys. Again id assume this is just Ryanair direct employment. Be interesting to hear how busy contractors are. And they only made £262million in the last quarter.... oh boo hoo. How ever will they pay the light bill with a quarter of a billion in 3 months. |
Originally Posted by zerotohero
(Post 10532336)
Id imagine contractors are fine as they are free if they don't fly apart from recurrent training. This to me looks like a good way to lose Ryanair employees that are expensive and also weaken the union.
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Poor shareholders....;)
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Relax!
A fair warning , I must say.
But a bit of a worst case thing he is projecting. And I can not blame him with the nutters in power in the UK. I must say he is not correct with regards to no one quitting. I personally know several,and what is more SAS are doing the biggest hiring , post 9/11. KLM and just about every other larger European operator is hiring due to large pension groups the next 6 to 9 months. The only exception being Norwegian, for obvious reasons. Most Captains I talk to are flying close to maximum, contractors or RYR. So here is a news flash from an observer: RYR does NOT have to many Pilots, just to many Cadets. The fly them until 499hrs then mostly stby as at 500hrs they cost more. Welcome to the 0 hrs Contract Club! Regards Cpt B |
Bingo!
Why do You think PB left! |
"our partners, the unions"....
He really is a comedian.... |
And clearly not a mathematician! Ours profits are down 21% on last year, which itself was 20% down on the previous year - a total reduction of 41%?? Really! Maybe the laws of Math are different in O’Leary land |
Originally Posted by Too Few Stripes
(Post 10533042)
And clearly not a mathematician! Ours profits are down 21% on last year, which itself was 20% down on the previous year - a total reduction of 41%?? Really! Maybe the laws of Math are different in O’Leary land Yeah, I agree. It’s how he speaks though. Bluster and confusion. Like the ‘18hrs work a week’ spiel he comes out with. |
I'm sure the redundancies will be from bases that have pi$$ed him off, coincidence of course
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Should I be concerned as someone looking to begin flight school soon?
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And clearly not a mathematician! Ours profits are down 21% on last year, which itself was 20% down on the previous year - a total reduction of 41%?? Really! Maybe the laws of Math are different in O’Leary land |
Originally Posted by Crusherrr
(Post 10533165)
Should I be concerned as someone looking to begin flight school soon?
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Originally Posted by zerotohero
(Post 10532336)
Id imagine contractors are fine as they are free if they don't fly apart from recurrent training. This to me looks like a good way to lose Ryanair employees that are expensive and also weaken the union.
I did hear there are lots of quite rosters now and guys offered unpaid leave instead of standbys. Again id assume this is just Ryanair direct employment. Be interesting to hear how busy contractors are. And they only made £262million in the last quarter.... oh boo hoo. How ever will they pay the light bill with a quarter of a billion in 3 months. |
No need to be racist
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Originally Posted by Training Risky
(Post 10533691)
and how much tax do they pay in the Land of Leprechauns?! I hope the tax haven Celtic tiger gets its claws clipped after Brexit. |
Originally Posted by Training Risky
(Post 10533691)
and how much tax do they pay in the Land of Leprechauns?! I hope the tax haven Celtic tiger gets its claws clipped after Brexit. Tax heaven my a*s. |
Originally Posted by Papa_Golf
(Post 10533748)
Mate the amount of taxes to be paid in Ireland is close to 40/50% of the gross salary. Not in FR anymore but I still keep my old payslips. Tax heaven my a*s. What seemed (to me) to set Ireland apart from other places is the low cost of labour (employer's social charges). Also corporate tax rate is low. Someone else can fill in more details. |
Downsize RYR « legacy » and hire through the new RYR ourfits in Poland or Malta.... |
Around 900 redundancies possible is what I hear.
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Austrian media is reporting on pressure being exerted on Ryanairs Laudamotion subsidiary. If the labour council will not agree on various cost cutting measures, the 4 planned additional A320 might be cancelled and replaced by 4 wetleased FR 737s; 30 jobs are said to be at risk.
If, however, such an agreement was to be reached, Laudamotion "might reconsider" terminating those 30 employees. Sounds tempting... |
"but remember that ryanair has the lowest costs of any airline in Europe"
well, and by far the lowest revenue... Sound like scaremongering to prevent actions and to get away with base closures and transfers. Off course the MAX issues are still real and with a smaller fleet the demand for pilots will be lower. This should only be a shorter term problem though. |
Originally Posted by dcoded
(Post 10532140)
Hm..
Aren't the unions threatening with some form of industrial action in a few weeks? Then I find this message more than a "coincidence" I'm sure it wasn't that long ago that RYR cut a load of flights due to lack of pilots and other staff (or so MOL said at the time) yet now they have so many extra staff that they do not need....... |
Originally Posted by 172_driver
(Post 10533771)
The tax on income is in parity with other European countries.
What seemed (to me) to set Ireland apart from other places is the low cost of labour (employer's social charges). Also corporate tax rate is low. Someone else can fill in more details. |
Originally Posted by Training Risky
(Post 10534074)
Quick google says it's 12.5%. As opposed to 19% in the UK and 21% in the USA (down from 35% pre-Trump!).
As the company is structured with Ryanair holdings PLC at the top looking after Ryanair Ireland, Ryanair UK, Ryanair Sun (based in Poland) and Laudamotion there would be many perfectly legal loopholes to avoid paying tax. Remember Starbucks a couple of years ago ? I have a friend of mine who's a contact aircraft engineer here in Belgium, last year his accountant mentioned to him that he had paid more tax than Interbrew, (the owners of Stella Artois etc.) Regardless of where a company is based, the companies at the top pay next to nothing, the people at the bottom pay nothing so that leaves the guys and girls in the middle to pay everything , I would assume that would be most of us here ! |
This news is very interesting in light of the RYR air crew battling RYR in The Netherlands (see https://www.pprune.org/rumours-news/...strike-14.html). In that case, RYR argued that the base changes were needed out of economic necessity. Initially, RYR lost that case as they failed to provide compelling evidence that there was indeed an economic necessity, and the court ruled that the base changes were more likely to be an act of revenge to retaliate against striking crew.
This news may provide the arguments needed by RYR to convince the appeals court that indeed, they were (and are) facing the economic misery they said they were. That means that the initial judgement could be set aside. |
ph-sbe:
It doesn't work that way in Dutch civil law. The appeals judge will and must decide based on the facts and circumstances at the time of the disputed base closure and redundancies, as brought forward by the conflicting parties. RYR already cited the base as 'underperforming' and other economic difficulties and this argument was thrown out by the judge. The MAX grounding popped up after the start of conflict and can not serve as an argument in any appeal. |
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