The deal commits Ryanair to making contributions to national health care and social-security funds as well as paternity rights, the Italian pilots union ANPAC said in a statement. A “wide majority” backed the agreement after eight months of negotiations, it said.
Winning over Italian pilots should bolster Ryanair’s hopes ahead of similar negotiations with unions elsewhere in Europe, and limits the extent of any future industrial action that has already led to more than a thousand cancellations this summer. A similar so-called Collective Labor Agreement will be put to flight-deck crew in Ireland for approval after a breakthrough in negotiations last week.
“We welcome this first CLA with our Italian pilots and hope that it will be shortly followed by a similar agreement covering our Irish pilots,” Ryanair Chief People Officer Eddie Wilson said in a separate statement. “We have invited our U.K., German and Spanish unions to meet with us in the coming days.”
Ryanair shares jumped 1.6 percent after the announcement, trading at 14.28 euros as of 11:14 a.m. in Dublin. That pared the stock’s decline this year to 5.1 percent.
Latest Stories
-
We’ll reclaim all Groupe Nduom stolen assets – Nduom declares
5 mins -
Center for Learning and Childhood Development Director Dr Kwame Sakyi honoured at Ghana Philanthropy Awards
9 hours -
Asantehene receives 28 looted artefacts
10 hours -
CAF WCL 2024: Ghana’s Thelma Baffour wins title with TP Mazembe
11 hours -
Benjamin Boakye slams politicisation of energy sector issues and ECG’s inefficiencies
11 hours -
Erastus Asare Donkor and Dr Neta Parsram win big at 10th Mining Industry Awards
11 hours -
Government is “suppressing information” about power sector challenges – IES Director
11 hours -
Majority of our debts caused by forex shortfall – ECG Boss
12 hours -
Pan-African Savings and Loans supports Ghana Blind Union with boreholes
12 hours -
Bole-Bamboi MP Yussif Sulemana donates to artisans and Bole SHS
12 hours -
Top up your credit to avoid potential disruption – ECG to Nuri meter customers
12 hours -
Dutch & Co wins 2024 Entrepreneur of the Year Award
13 hours -
We’ll cut down imports and boost consumption of local rice and other products – Mahama
15 hours -
Prof Opoku-Agyemang donates to Tamale orphanage to mark her birthday
16 hours -
Don’t call re-painted old schools brand new infrastructure – Prof Opoku-Agyemang tells gov’t
17 hours