However, IMPACT, the union involved, have warned that the strike action for December 20 is not cancelled outright, merely suspended, and may arrive on another day following the outcome of today's meeting, and they will be making no further comment on the matter until after the meeting with management.
In a statement issued last night, Impact said it has agreed to meet Ryanair management tomorrow evening, but stressed that it is available to meet sooner.
While the carrier will initially meet with representatives of Irish, German and Portuguese cockpit crews this week, consultation with other pilot bodies and cabin-crew unions will follow "in due course", the company has said.
In addition to union recognition, Ryanair pilots are seeking collective bargaining agreements and some changes to contracts.
Michael O'Leary said Ryanair "will now deal with our pilots through recognised national union structures".
The first ever talks between unions and management at Ryanair will take place later.
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"We think this is disappointing given all that's been said in the media over the last five days by the company".
"Recognising unions will be a significant change for Ryanair, but we have delivered radical change before, most recently when we launched Ryanair Labs and our highly successful Always Getting Better customer improvement programme in 2013".
One of the conditions for the pilot talks is that the union should establish a committee of Ryanair pilots, as the airline will not speak with pilots who fly for competitor airlines.
Last Friday Ryanair surprised customers and staff when it agreed to recognise unions for the first time in its 32 year history.
117 Ireland-based pilots backed industrial action in a bid to force the airline to recognise unions by a margin of 94 per cent to six per cent in secret ballots.
"We have had a number of threatened strikes across a number of countries in Europe and to protect our passenger's travel plans over the Christmas period we've chose to make that decision now".