DUBLIN: Ryanair has proposed talks with an Irish pilot union before a possible Wednesday strike in a bid to remove the last threat to its Christmas schedule after its surprise offer to recognize unions for the first time.
Two other trade unions — Italy’s ANPAC and Portugal’s SPAC — withdrew plans for Christmas strikes after Friday’s announcement but Ireland’s IMPACT trade union is looking for further reassurances before canceling its walkout.
IMPACT said on Saturday a meeting on Wednesday would come too late to prevent the 24-hour strike planned for the same day. On Saturday evening Ryanair offered to meet on Tuesday instead.
“Ryanair has offered to meet IMPACT/IALPA and their Ryanair pilot committee on Tuesday if that would suit them better,” Chief Operations Officer Peter Bellew said in a statement posted on his Instagram account.
A spokesman for IMPACT said it was ready to meet Ryanair at any time. “Once we meet, we can take a decision on deferring industrial action,” he said.
Bellew said the German union VC had agreed to meet Ryanair on Wednesday to discuss union recognition.
He said Ryanair had offered to meet Portuguese union SPAC on December 21 and that British union BALPA and Italian union ANPAC had agreed to meet with Ryanair in early January. “Let’s keep talking. Get people home quietly for Christmas,” he said.
Ryanair offers to meet Irish pilots ahead of strike date
Ryanair offers to meet Irish pilots ahead of strike date
Closing Bell: Saudi main index slips to close at 11,228
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, lost 23.17 points, or 0.21 percent, to close at 11,228.64.
The total trading turnover of the benchmark index was SR2.99 billion ($797 million), as 170 of the stocks advanced and 82 retreated.
On the other hand, the Kingdom’s parallel market Nomu gained 449.38 points, or 1.90 percent, to close at 24,093.12. This comes as 43 of the stocks advanced while 27 retreated.
The MSCI Tadawul Index lost 6.07 points, or 0.40 percent, to close at 1,511.36.
The best-performing stock of the day was Obeikan Glass Co., whose share price surged 7.54 percent to SR27.66.
Other top performers included Alamar Foods Co., whose share price rose 6.80 percent to SR47.10, as well as Saudi Kayan Petrochemical Co., whose share price climbed 6.79 percent to SR5.66.
Saudi Investment Bank recorded the steepest drop, falling 3.21 percent to SR13.56.
Jahez International Co. for Information System Technology also saw its share price fall 3.15 percent to SR13.55.
Rabigh Refining and Petrochemical Co. declined 2.78 percent to SR7.34.
On the announcements front, Tanmiah Food Co. reported its annual financial results for the period ending Dec. 31. According to a Tadawul statement, the company recorded a net loss of SR18.8 million, compared with a net profit of SR95.8 million a year earlier.
The net loss was mainly due to ongoing market challenges that resulted in continued pricing pressures in fresh poultry, inflationary cost pressures, higher financing expenses, and depreciation and ramp-up costs from new facilities, partially offset by increased production volumes and cost-optimization initiatives.
Tanmiah Food Co. ended the session at SR58.20, up 3.72 percent.
United International Holding Co., also known as Tas’heel, announced its annual financial results for the period ending Dec. 31. A bourse filing showed the company recorded a net profit of SR273.64 million in 2025, up 23.05 percent from 2024, primarily driven by a 23.4 percent rise in revenues. The revenue growth helped lift gross profit by 23.7 percent.
Tas’heel ended the session at SR146.80, down 0.28 percent.
