Easyjet heals rift with pilots

Date: Friday 10 Jun 2011

FTSE 250 firm easyJet has agreed a pay and scheduling agreement with its pilots following years of bad blood.

The deal was recommended by the British Airline Pilots’ Association (BALPA) after the firm’s chief executive, Carolyn McColl, apologised for poor relations between pilots and management.

Under the terms of the agreement pilots will see a 4% increase in salaries.

The British Airline Pilots’ Association (BALPA) claims the agreement also goes some way to resolving some of the pilots’ concerns about rostering.

EasyJet flew 4.74m passengers during May, up from 4.26m over the same period in 2010.

The news of a deal with the unions failed to boost the group’s share price, which was up just 0.8p to 352.60 (0.23%)

BS

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