8th Mar 2018 11:32
LONDON (Alliance News) - Low-cost airliner Ryanair Holdings PLC said Thursday that it has signed a union recognition agreement with ANPAC, the Italian Airline Pilots Association, which will be the sole representative body for Ryanair pilots in Italy.
The agreement follows extensive negotiations between the airline and the union after Ryanair's announcement in December that it was willing to recognise unions for bargaining purposes.
Ryanair will work will ANPAC and its ANPAC Ryanair Co Council to conclude an early collective labour agreement for directly employed pilots in Italy.
"We are pleased to announce this Italian recognition agreement with ANPAC on behalf of our directly employed pilots in Italy. This agreement, validates the decision of Ryanair's Board in December to recognise unions. The fact that we have delivered pay rises of up to 20% for most of our pilots, and union recognition agreements in our two largest markets which together represent over 45% of our pilot body, shows how constructive Ryanair is about developing relationships with those unions who wish to work with us and how much progress we have made in a short period of time," said Chief People Officer Eddie Wilson.
Shares in Ryanair were up 0.8% at EUR16.17 on Thursday.
Related Shares:
RYA.L
