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The Irish airline Ryanair has informed more than 300 pilots and sailors that they could lose their jobs because about 20% of the labor force at its Dublin base is fired in winter, because recent strikes affect bookings, BBC News, Sky News and Reuters report.
Recently, Ryanair warned that it would cancel more than 12% of flights due to the pilots strike scheduled for July 25-26. Nearly 50,000 customers will travel between Spain, Portugal and Belgium, with up to 300 flights canceled each day, according to a press release from the Irish airline operator. In Ireland, about a quarter of Ryanair's pilots will be on strike on Thursday.
The company warned that it could close some roads in the capital of Ireland following the reduction in the number of planes in Dublin from 30 to 24, other routes could to face frequent reductions as part of the aircraft will be directed to the Polish subsidiary, Ryanair Sun, which is growing rapidly. The six planes will be sent to Poland
The Irish airline will begin negotiations with more than 100 pilots and 200 Dublin airliners who have been notified of their possible layoff on 28 October. Some could be transferred to Poland to minimize the impact of the layoffs, Ryanair explained.
The company also made an unexpected move in posting employee salaries online. According to the document, pilots earn between 190,000 and 220,000 euros a year and flight crew up to 40,000 euros a year.
Ryanair canceled 16 flights from Ireland, affecting 2,500 passengers. A major low-cost airline in Europe warned on Monday that the average price of banknotes would be lower than expected in summer due to strong competition, particularly from heat in Northern Europe and the uncertainty caused by a series of strikes.
In the second quarter of 2018, the profit of the Irish company fell by 20% due to lower bookings, higher labor costs and fuel.
But the quarterly profit of 319 million euros (374.4 million euros) dollars is in line with the company's previous estimate and slightly above analysts' forecasts 305 million.
Although the number of tickets sold in the second quarter of 2018 exceeded "Our revenues grew 9% in the second quarter of this year to 2.08," said Michael O. Leary, a billion dollars in sales. euros, while analysts expected 2.04 billion euros.
Ryanair maintained its forecast pre-tax profit of 1.25 to 1.35 billion euros during the fiscal year ending March 31, 2019, down from a record 1.45 billion euros reached the previous year. This is the first decline since 2014.
In May, the company estimated a 5% decrease in the average ticket price during the first three months of the year and a drop of 4 % in the second quarter. On Monday, Ryanair announced a 4% drop in January-March 2018 and predicted a 1% advance between April and June 2018.
On Friday, Ryanair shares closed at 15.55 euros, down nearly 20 percent of the 19.38 euros in August 2017, before the cancellation of 20,000 flights.
On July 12, Ryanair canceled 30 air races, after about 100 of the 350 Irish pilots. the company launched its first strike, demanding a more transparent remuneration system, promotions and transfers, to limit what the FORSA / IALPA union claims to be an excessive freedom of management to dispose of the careers of employees [19659014]. Ryanair on Europe released on July 4 a list of 34 claims seeking decent wages, better sick pay and employment contracts based on the country of origin and Irish legislation. The list was signed by 80% of Ryanair's 86 passengers
On the other hand, Ryanair claims that its employees enjoy some of the best conditions of the low-cost airline
Ryanair had its first negotiations with its 32-year-old unions, which prevented a European strike. After the negotiations, Ryanair pilots in Portugal, Ireland and Italy gave up protests planned before Christmas, but the German pilots stopped working for four hours.
Ryanair, the largest low-passenger airline operates 21 routes from airports in Romania, namely Timisoara, Bucharest and Craiova
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