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Aer Lingus needs to cut costs
Saudi Arabia News.Net
Tuesday 9th March, 2010
Irish airline, Aer Lingus, has reported a loss for 2009.
Its profit of 66.2m euros was down on last year’s as long haul passenger numbers fell severely.
An Aer Lingus cost-cutting proposal was recently given to unions which have refused to accept that there will be a cut of some 20% in staff levels.
The company had suggested pilots, middle management, maintenance staff and some ground staff should go in a reshuffle.
Aer Lingus will now have to make a greater provision for the blocked cost-cutting measures, which would have saved it 97 million euros in annual operating costs.  Email this story to a friend
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