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| Thursday, March 11, 2010 |
Aer Lingus (AERL.I) will cut wages and probably jobs to ensure the loss-making Irish airline survives, its chairman said on Friday.
The former state carrier is burning through its cash reserves fast and generating spiralling losses through a vicious combination of declining sales and high labour costs, a legacy of its history as a state-owned company.
“I [...]
Up to 154 Aer Lingus cabin crew in the Republic are set to lose their jobs after staff voted in favour of a plan to prevent the airline hiring US-based workers and closing two bases.
A total of 94 jobs will be axed at Dublin, Cork and Shannon airports and an extra 60 workers will [...]
CABIN CREW at Aer Lingus have voted to accept the draft agreement reached between their union and the airline at the Labour Relations Commission.
The Impact union released results of the ballot last night indicating 59 per cent had voted in favour, with 41 per cent having voted against.
The result comes days after the State’s largest [...]
IRISH-BASED cabin crew are to continue to operate Aer Lingus transatlantic services under a deal reached between the airline and the union Impact yesterday.
The agreement will also secure the future of the company’s cabin crew base at Shannon airport – although with fewer staff.
This had been earmarked for closure as part of the airline’s proposed [...]
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