Mediation talks between Ryanair and its Irish pilots' union Ialpa-Fórsa which began last week, and which were chaired by independent mediator Kieran Mulvey, have succeeded in breaking the current impasse between the two sides.
As a consequence, the 350 or so Irish Ryanair pilots will be voting on the latest proposals, which have been recommended for acceptance by their union.
Mulvey has requested that details of the latest deal remain under wraps until the ballot has taken place. Depending on the result of the ballot, the agreement could prove to be a blueprint for current ongoing negotiations with Ryanair's pilots elsewhere in the EU.
Europe's largest low-cost carrier has been beset by industrial action by pilots in Belgium, Holland, Germany and Sweden, as well as Ireland which, at its peak, disrupted the travel plans of some 55,000 passengers.
Other pilots' unions across Europe will be closely watching events; Ryanair has confirmed that it will take the current agreement to the board after the pilots' ballot has taken place.
Currently, Ryanair employs approximately 4,000 pilots across the airline.
