Ryanair Reaches Deal With Irish Pilots, Sending Stock Higher
- Accord brokered with Forsa union will be put to crew in ballot
- Agreement may pave way for further settlements across Europe
This article is for subscribers only.
Ryanair Holdings Plc reached a new labor deal with protesting Irish pilots after a marathon negotiating session, pointing to the end of a dispute that’s disrupted travel for thousands of passengers across Europe.
Shares of Ryanair rose the most in three months in Dublin, where the company is based, following 22 hours of discussions that finished early Thursday. The accord will now be put to a ballot of pilots, with the Forsa labor group, which led the talks, recommending that they accept it.