The agreement with Ireland’s Forsa union will see Covid-era pay cuts fully restored in its members’ December payroll.
It also includes three years of pay increases spread over the next four years through to March 2027.
Ryanair’s people director, Darrell Hughes, said: "We welcome this pay restoration agreement with Forsa and our Irish pilots which will see pay cuts previously agreed during Covid restored in the December payroll in time for Christmas.
"This agreement, which includes annual pay increases for the next four years, now brings our Irish pilots into line with similar pay restoration deals concluded with our other pilot unions across Europe over the past nine months."