It is a termination for profit business model. Both Ryanair and the banks are beneficiaries of termination. Do you know which banks these pilots and the cabin crew have their loans in?
The bank loan arrangements are integral part of the Ryanair recruitment process, aren’t they? These pilots and cabin crew do not go to the bank of their choice to get these loans. The loan contracts are provided to them by Ryanair or by recruitment agencies that Ryanair controls.
It very much explains the fact why Ryanair workforce has to be international. They couldn’t execute this scam on such a large scale among employees of their own country. The international workforce is more vulnerable to exploitation. They have no contacts and connections in Ireland. Their language skills are limited therefore their ability to understand the context is limited too.
They terminate 60% of their new cabin crew recruits just after they finish paying their loan and before the end of their probation. The numerical value of the loan must have been very well calculated to let them finish paying their loans just before their probation ends and before their avail of legal protection. There is no genuine work contract for these people. It is an exploitation mechanism.
I am sure that any documentation regarding the numbers of terminated cabin crew is properly destroyed. So there is no evidence that these people have ever been employed and then sacked for profit.
In the KRO Reporter document Captain Ian Somner makes an interesting observation. He says: “It puts them under pressure because they now owe money to Ryanair. Or to the bank not to Ryanair. But Ryanair controls whether they work or not.”
What happened to the gallery of Ryanair bullies that you once had on your blog. Have they managed to bring it down? Maybe it should resurface.
Bank Of Ireland involved in the exploitation of crew at RYANAIR for years which makes them Millions each year..Crews Salary,Loans,PAYE,Hourly pay SCAM to which the Irish Government sit back and do nothing....David Bonderman and Michael O'Leary not only lining their own pockets!!!!!