Ryanair’s caught between rebellious pilots and the wrath of investors
Michael O’Leary built Ryanair into Europe’s most valuable airline by being cheap, right down to charging pilots for coffee on their own flights. Now the pilots are pushing back. A group of disgruntled flight crew is demanding more pay, better conditions and the ability to bargain collectively across Europe. They’re emboldened by rising demand for pilots at rivals and a scheduling foul-up that forced Ryanair to scrap more than 20,000 flights, unleashing an outcry by aggrieved customers and a rebuke from Britain’s aviation regulator. That’s left O’Leary caught between his rebellious pilots, whose demands threaten to erode Ryanair’s low-cost advantage over rivals, and the potential wrath of investors should he make concessions that undermine the airline’s business model. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-11-16/unaligned/ryanair2019s-caught-between-rebellious-pilots-and-the-wrath-of-investors
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Ryanair’s caught between rebellious pilots and the wrath of investors
Michael O’Leary built Ryanair into Europe’s most valuable airline by being cheap, right down to charging pilots for coffee on their own flights. Now the pilots are pushing back. A group of disgruntled flight crew is demanding more pay, better conditions and the ability to bargain collectively across Europe. They’re emboldened by rising demand for pilots at rivals and a scheduling foul-up that forced Ryanair to scrap more than 20,000 flights, unleashing an outcry by aggrieved customers and a rebuke from Britain’s aviation regulator. That’s left O’Leary caught between his rebellious pilots, whose demands threaten to erode Ryanair’s low-cost advantage over rivals, and the potential wrath of investors should he make concessions that undermine the airline’s business model. <br/>
