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Ryanair abandones pay freeze plan
...perhaps Ryanair beancounters feared industrial unrest this summer??
From RTE Aertel; "Ryanair says its staff will receive a 3% pay rise, backdated to April 1. The airline had been considering a pay freeze as part of a cost-cutting programme. Ryanair earlier this year warned that intense competition was driving fares down and would lower its profits. The airline said today's move was not an indication of better times ahead, but a reward for 'continued productivity gains'." |
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