Ryanair CEO says not expecting strikes but cannot rule them out

Image
Reuters DUBLIN
Last Updated : May 21 2018 | 12:10 PM IST

DUBLIN (Reuters) - Ryanair Chief Executive Michael O'Leary said on Monday he was not expecting strikes or disruptions over its discussions to recognise trade unions but could not rule them out and would face any action down.

Ryanair averted the threat of widespread Christmas strikes by unilaterally recognising unions in December for the first time in its 32-year history, but it has struggled to formalise relations in some countries.

"We're not expecting them, but it's important for investors that we don't rule them out. If there are (strikes), we will take them as we have in Germany and Portugal. Being unionised means we will have occasional strikes," O'Leary said in a video presentation following quarterly results.

O'Leary added that he expected to finalise pilot recognition agreements in Spain and Germany in the next few months and that Ryanair was also on track to sign its first cabin crew recognition agreements in a month or two.

(Reporting by Padraic Halpin, editing by Louise Heavens)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 21 2018 | 11:56 AM IST

Next Story