March 26 (Bloomberg) -- Ryanair Holdings Plc, Europe’s biggest discount carrier, agreed to boost the average salary of its cabin crew and some pilots, replacing pay deals due to expire next month.
Flight attendants will get an average 10 percent increase over four years and a guaranteed “home every night” roster, Dublin-based Ryanair said in a statement today.
Under a separate agreement, Ryanair pilots based in Alicante, Spain, Cork and Shannon in Ireland and working out of Bristol, Luton and East Midlands airports in the U.K. will get pay increases of as much as 10 percent over the next five years. The pilots at these bases, as well those located in Manchester, England and Valencia, Spain, also negotiated a five-day working schedule, followed by four days off, the airline said.
“At a time when high-fare airlines around Europe are cutting jobs and slashing pay and benefits, Ryanair will continue to offer stability, job security” and promotions, spokesman Robin Kiely said in the statement.
Network carriers including Air France and International Consolidated Airlines Group SA-controlled Iberia are seeking to reduce payroll costs to drive a return to profitability in their short-haul operations. Air France’s main pilot union said March 21 that it would refuse to cooperate with the carrier’s cost-cutting plans.
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