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Ryanair looks at Latvian licence in move to cut costs
From:The Irish Independent
Saturday, 17th December, 2005

Tom

McEnaney

RYANAIR is considering transferring its aviation certificate from Ireland to Latvia in a move which experts say could reduce the ability of the company's Irish pilots and cabin crew to claim the protection of Irish employment law.

The airline's chief executive, Michael O'Leary, has confirmed that the airline is considering moving its licence, known as an Air Operator's Certificate (AOC); but said this would be a simple cost-reduction measure and would not impinge on the employment rights of its Irish staff.

"We are not looking at a Latvian AOC from that point of view. Employment legislation in Ireland is aimed at multinationals and there's no way we can just scuttle off to Latvia to undermine it," he said.