Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

easyJet cabin crew secure 20pc rise in base pay

(Sharecast News) - Cabin crew at low-cost airline easyJet are to receive a 20% increase in their basic pay, it was announced on Wednesday, after negotiations with the Unite union. The union said the 18-month deal, reached after extensive discussions, included the substantial pay rise and also entailed an additional 3% on variable pay for easyJet crew members.

Unite said that cabin crew salaries fluctuate based on routes and base locations, with compensation directly tied to the flights undertaken, meaning longer journeys translate into higher earnings for cabin crew.

It said that alongside the permanent pay raise, cabin managers - both current and probationary - would receive a one-time payment of £2,000, while cabin crew flight attendants could expect £1,500.

"Unite is steadfast in its mission to secure better pay, jobs and conditions and It it is excellent that our hard working members at easyJet receive a historic pay increase due to Unite," said the union's general secretary, Sharon Graham.

Beyond the salary enhancements, Unite said it also successfully advocated for policy revisions at easyJet.

The airline would now provide a £15 compensation to all cabin crew members onboard in the event of a service disruption lasting over an hour, doubling to £30 if the delay surpassed the 120-minute mark.

"Through the union's collective strength and solid negotiations, we have achieved a significant pay increase for our members," said Unite regional officer Lindsey Olliver.

"Cabin crew are an integral part of easyJet's operations, and this deal recognises their value."

At 1132 BST, shares in easyJet were up 2.06% at 585.4p.

Reporting by Josh White for Sharecast.com.

Share this article

Related Sharecast Articles

Goldman Sachs to scrap bonus cap for UK dealmakers
(Sharecast News) - Goldman Sachs will remove a cap on bonuses for its London-based staff, according to Sky News, with the firm now set to resume making multi-million-pound payouts to its top-performing traders and dealmakers.
Gazprom swings to $6.9bn loss as Europe sales plunge
(Sharecast News) - Russia's natural gas heavyweight Gazprom swung to huge loss in 2023 after sales to Europe dropped due to Western sanctions on Moscow.
London cabbies launch £250m legal action against Uber
(Sharecast News) - Uber Technologies is facing legal action on behalf of more than 10,500 London black cab drivers, it was confirmed on Thursday.
Peloton announces CEO departure; to cut 15% of workforce
(Sharecast News) - Peloton announced the departure of its chief executive on Thursday, alongside plans to cut around 15% of its workforce amid a restructuring programme aimed at reducing annual expenses by more than $200m.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.