Michael Murray on Ryanair
Michael O’Leary may have caved in to demands to negotiate with unions, but there are several reasons why I won’t be selling my Ryanair shares
The decision by Ryanair on Friday to recognise pilot unions across several European countries was groundbreaking – a vital response to pilots’ grievances and a necessary move to avert strike action over the most critical days for passengers in the run-up to Christmas.
The concession is a climbdown, giving bargaining power to pilots across the company’s pan-European network. But it should avert the risk of a single and rather militant union in Dublin having control over...
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