Unite, the principal aviation union, has secured an agreement with Ryanair which will result in no job losses among cabin crew at the airline. The union has hailed the airline’s…Read more…
‘Another premature announcement’
“The statement by Ryanair, which follows hot on the heels of the British Airways announcement, further underlines why it is absolutely imperative that the UK works with all relevant stakeholders to…Read more…
Ryanair pay victory
Unite has secured an inflation busting pay deal for Ryanair cabin crew. Senior cabin crew who are employed directly by Ryanair will see their pay rise dramatically, customer service…Read more…
Newham Fabians on local Housing
This evening I came back from attending the Ryanair AGM in Dublin (will post further on this) to go and attend the meeting of Newham Fabians and speak on my role as the Cabinet lead on housing.
More people arrived after the start and it was good to ha…Read more…
Shareholders vs Ryanair: Gone-derman
I think that’s called a win:Having agreed this group strategy as the best way to grow Ryanair, Sun, Lauda and other possible airline brands, Michael O’Leary has agreed a new 5 year contract as Group CEO, which secures his services for the group until a…Read more…
Shareholders vs Ryanair
Interesting snippet from the Investor Forum annual report:
Major shareholder turns against Ryanair board
Just a quickie, but I spotted last week that Baillie Gifford had voted against the re-election of both David Bonderman (chair) and Kyran McLaughlin (SID) at the Ryanair AGM in September.
Why does that matter? Because Baillie Gifford is a large (4%) a…Read more…
Union research shows support for Ryanair chairman even lower than reported
Union research shows support for Ryanair chairman even lower than reportedShareholder support for Ryanair chairman David Bonderman at the company’s recent AGM was even lower than reported, new research by trade union groups shows.29/10/2018The Internat…Read more…
Just one more thing about Ryanair….
I can see that there were at least a couple of asset managers that did not vote against either David Bonderman as chairman or Kryan McLaughlin as senior independent director. And reasons given for this are that they expect the company to make changes a…Read more…
Ryanair AGM in charts…
Just a bit of fun, but I’ve put together a few bits and pieces that put the vote on David Bonderman’s re-election of chair of Ryanair in context.
To calculate the stats I’ve used the full AGM results distributed by the company, and stripped out Bonder…Read more…
Ryanair AGM
As most people will be aware, Ryanair has its AGM this week, and there is quite a bit of interest in what might happen, particularly in relation to the chairman.
These things are impossible to call in advance. The only thing we really know is the base…Read more…
‘Change is possible’
Highlighting the fight of Ryanair workers in their historic bid for union recognition, Unite assistant general secretary Diana Holland spoke in support of a motion yesterday (September 10) on…Read more…
Unions call for Ryanair chairman to go
ITF and ETF call for new Ryanair chairmanThe International Transport Workers’ Federation (ITF) and European Transport Workers’ Federation (ETF) are calling for shareholders to oppose the re-election of Ryanair chairman David Bonderman and overhaul the …Read more…
Short stuff
Like everyone does, I spent a bit of my spare time yesterday having a quick trawl through the FCA’s list of disclosed short positions. Quite often these fishing trips end up leaving me empty handed, but this time I stumbled on something interesting.
Ryanair: just a bit of fun
I dug the stats out of the Ryanair annual reports when it used to disclose the split between direct hire and agency flight crew. The first graph has the real data, the second includes projected numbers for 2012-2017 if the direct hires stayed at the sa…Read more…
Ryanair & employment-related disclosures
As a lot of people in my world know, there are a number of initiatives underway to try to improve disclosure by companies of information related to employment practices. This is in response to blow-ups at a number of companies that have had controversi…Read more…
‘Historic agreement’
In a major victory, Ryanair has signed an recognition agreement with Unite, which represents nearly 700 cabin crew directly employed by the budget airline. Ryanair’s UK cabin crew will for the…Read more…
Ryanair: ownership and control
Ryanair’s latest results are out today. Aside from the update on negotiations on unions, which I won’t comment on…, the bit that caught my eye is the commentary on Brexit and the potential knock-on impact on Ryanair’s shareholders:
We remain concerne…Read more…
ECJ ruling challenges Ryanair’s employment model
Today saw a highly important by the ECJ relating to low-cost airline Ryanair. As many people will know* Ryanair is anti-union. It also relies on extensive use of indirect employment, with many cabin crew employed by agencies like Crewlink, whilst many …Read more…
Danish unions take on Ryanair
Danish unions are planning solidarity actions directed at the fiercely anti-union airline Ryanair, which started operating from Copenhagen last March.Read more…