The airline's CEO has pledged to benchmark pilot's pay
Ryanair boss Michael O'Leary has written to the airline’s pilots urging them to stay with the company.
In the letter, Mr O'Leary is said to have offered pilots pay rises, a "productivity/loyalty bonus" and "significant improvements" to contracts and career progression.
He also pledged to benchmark the pay of Ryanair pilots so that it exceeds the money offered by competitors like Norwegian Air.
He insisted that Ryanair is a secure employer - and suggested other carriers were in difficulty.
The move comes after a tumultuous month for the carrier in which it was forced to cancel thousands of flights - affecting more than 700,000 passengers.
In a section entitled "Learning from this mistake," Mr O’Leary pledged to introduce "significant changes to, and investment in, our rostering and pilot career development" over the next six months.
He also offered pilots a bonus of €12,000 (£10,700) and promises he will exceed the pay deals offered by rival airlines.
Near the end of the letter he writes: "If you have or are considering joining one of these less financially secure/or Brexit challenged airlines, I urge you to stay with Ryanair for a brighter better future for you and your family."
Ryanair says 98% of customers hit by flight cancellations in September and October have been refunded or offered alternative transport.
The company also says the reduced winter schedule will "eliminate all risk of further flight cancellations."
Reporting from IRN ...