Ryanair Mumbai Base
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Ryanair Mumbai Base
Just to let everyone know there is a rumour on the Ryanair REPA website indicating a 10% pay cut for Ryan Air pilots to cater for higher fuel prices and farming pilots out to Indian airlines in the Winter.
According to MOL by basing pilots in Mumbai (leased out to Indian airlines with a nice profit of 10Euros/hr for RYR per pilot) will actually result in a pay rise due to the low cost of living there.
So how many volunteers are there? They don't need to be any RYR employement contract state that for operational reasons the company can change your base with 7 days notice and the trasfer is at vthe pilots expense.
So the RYR pilots are up for a good curry!
According to MOL by basing pilots in Mumbai (leased out to Indian airlines with a nice profit of 10Euros/hr for RYR per pilot) will actually result in a pay rise due to the low cost of living there.
So how many volunteers are there? They don't need to be any RYR employement contract state that for operational reasons the company can change your base with 7 days notice and the trasfer is at vthe pilots expense.
So the RYR pilots are up for a good curry!
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Not quite, easy ASKED for volunteers to go to India.
About 40 showed interest and then when the T & C's became more obvious, all by a handful retracted their interest.
About 40 showed interest and then when the T & C's became more obvious, all by a handful retracted their interest.
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dont go to mumbai in the monsoon season
dont recommend any crews opting for this as have been operating out there for a year and most of our crews get dengue fever in mumbai - and the monsoon is coming aka holding and very bad weather
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I have heard about the rumoured 10% pay cut but I have heard nothing about India in the winter months.I think the pilots are paid too much as it is anyway so whats 10% between friends!
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The cull has started.40 Ryanair Direct staff let go yesterday.Very sad to see.
http://www.ryanair.com/site/EN/news....en-en-280308-2
http://www.ryanair.com/site/EN/news....en-en-280308-2
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I agree with the above post its very sad to see folk losing their jobs whatever their position is but I think myself its only just the beginning.
I sincerely would love to be proved wrong though I really do.
I sincerely would love to be proved wrong though I really do.
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very interesting that the rumours indicate this, i wonder if the adverts that are going out for pilots include this '10%' cut or is irrelevant, as the advertised salaries are well, shall we say, not available to all prospective employees( given that they will be on contract employment and not directly employed by the company, allegedly ).
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Hey Fokkerplod,
It would be a great idea to go during the monsoon, wouldn’t it?
One of the other threads said you can’t fly without a monsoon check and that the DGCA is bl**dy slow. No monsoon check, no fly. No fly, just collect pay cheque, free accommodation, go to bar. (Occasionally watch Kingfisher hostee walking past…. dream of her stopping).
It would be a great idea to go during the monsoon, wouldn’t it?
One of the other threads said you can’t fly without a monsoon check and that the DGCA is bl**dy slow. No monsoon check, no fly. No fly, just collect pay cheque, free accommodation, go to bar. (Occasionally watch Kingfisher hostee walking past…. dream of her stopping).
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Pure Ryanair spin to take advantage of these people loosing their jobs.
Ok say 40 staff average salary euro 24,000 with a 60% saving equates to 576,000 euro saving less of course the increased call costs to link India and the cost of moving the operation. In the light of ho hedging on fuel prices where they have gone from usd65 a barrel to usd107 which will add at least EURO 370 million to their costs this is a smokescreen.....
Ok say 40 staff average salary euro 24,000 with a 60% saving equates to 576,000 euro saving less of course the increased call costs to link India and the cost of moving the operation. In the light of ho hedging on fuel prices where they have gone from usd65 a barrel to usd107 which will add at least EURO 370 million to their costs this is a smokescreen.....
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Hi Guy's
I heard a rumer today.
During the winter season when the work is rather low at FR MOL is goin to be based with a 10% paycut in Mumbai, given the cost of living there it is actually a pay rise and his 10% will be equally divided between all FR pilot's, which in effect means all will get a pay rise of 4% during the winter.....
My wife woke me up as I was covered in a swet, "did you have a bad dream" she asked me.
"No I almost thought about changing to Ryanair and MOL was leaving to India".
Nick "the dreamer" Notoc
I heard a rumer today.
During the winter season when the work is rather low at FR MOL is goin to be based with a 10% paycut in Mumbai, given the cost of living there it is actually a pay rise and his 10% will be equally divided between all FR pilot's, which in effect means all will get a pay rise of 4% during the winter.....
My wife woke me up as I was covered in a swet, "did you have a bad dream" she asked me.
"No I almost thought about changing to Ryanair and MOL was leaving to India".
Nick "the dreamer" Notoc
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The profitability of Ryanair depends on continual expansion and the sale and leaseback of aircraft; interesting times.
More than one analyst and bank has suggested that in a static, or retracting business the model just doesn't work.
Hmmmm.
As a slight thread drift, I find it interesting that after a decade or so of people like Gordon Brown, MOL, willie walsh and many many banks telling us that modern business needed a different approach and spouting loads of trite MBA ballcocks and telling us that we didn't understand these things, that all their ideas and actions are fast unravelling and reminding us that business concepts and fundamentals are no different to that which it always was.
T5 has shown BA that cheap-cheap is always more expensive in the long run, and I think MO'L is about to learn the same lesson.
However It's not good for the rest of us if hundreds of Ryanair pilots are dumped on the job market.