Strike action has been averted at Ryanair once again, after the airline wrote to IMPACT, setting out its plans to recognise the pilots’ union.
It follows landmark talks between unions and management on Tuesday – when the airline said it would also recognise cabin crew unions as well as those of pilots.
The decision wiped billions off the value of the company as investors reacted to the seismic change in policy.
The meeting with pilots and IMPACT followed their suspension of a planned strike, the threat of which lingered until Ryanair put its intentions in writing.
Michael O’Leary has told Reuters that he has no plans to step down as CEO, and IMPACT will meet with management at Ryanair in early January, to discuss the next steps.