Ryanair tells pilots it 'grew too fast'
Senior Ryanair executives told pilots in London last week that the company "grew too fast" and lost the trust of its pilots, but was working hard to restore it. Ryanair shares have fallen over 10% since it announced Friday it would recognise trade unions for the first time, a move that averted the first pilot strike in the company's history. Pilots have demanded an overhaul of Ryanair's system of contracts and collective bargaining and some have spoken of a toxic atmosphere at the airline. The relationship between the airline and pilots became "very inflamed" and "very tense" in recent weeks, COO Peter Bellew told a meeting of Ryanair pilots at Stansted Airport near London. "We don’t comment on rumour or speculation," a Ryanair spokeswoman said, declining to comment on the accuracy of the quotes. <br/>
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Ryanair tells pilots it 'grew too fast'
Senior Ryanair executives told pilots in London last week that the company "grew too fast" and lost the trust of its pilots, but was working hard to restore it. Ryanair shares have fallen over 10% since it announced Friday it would recognise trade unions for the first time, a move that averted the first pilot strike in the company's history. Pilots have demanded an overhaul of Ryanair's system of contracts and collective bargaining and some have spoken of a toxic atmosphere at the airline. The relationship between the airline and pilots became "very inflamed" and "very tense" in recent weeks, COO Peter Bellew told a meeting of Ryanair pilots at Stansted Airport near London. "We don’t comment on rumour or speculation," a Ryanair spokeswoman said, declining to comment on the accuracy of the quotes. <br/>
