Menu
19/11/2009
Aer Lingus Reveals Possible Redundancies
Aer Lingus may have to enforce compulsory redundancies if their level of savings cannot be agreed at the Labour Court, it has been revealed.
The Board of Directors at Aer Lingus met today to review its delivery of €97million of cost savings required as part of its Transformation Plan.
In a statement this morning, the Board and Management said that if the savings plan could not be met then it would be forced to make further reductions in capacity leading to "additional redundancies beyond those included in the Plan".
A spokesman for the airline said: "While the preference will be for such redundancies to be on a voluntary basis, compulsory redundancies cannot be ruled out."
A spokesperson for Aer Lingus said it was clear the operating environment for Aer Lingus and airlines remained extremely challenging adding that the Board has re-affirmed that if Aer Lingus is to maintain its present scale of operations, it is essential that it urgently achieve the full €97million in savings.
The talks are due to conclude on 30 November when the Board and Management will meet to review the results.
The Company said it had accepted an invitation from the National Implementation Body to conclude negotiations with employee representatives in the Labour Relations Commission ('LRC').
The Board said it will closely monitor progress at the LRC talks over the coming week and that a further announcement may be made "as appropriate".
(DW/GK)
The Board of Directors at Aer Lingus met today to review its delivery of €97million of cost savings required as part of its Transformation Plan.
In a statement this morning, the Board and Management said that if the savings plan could not be met then it would be forced to make further reductions in capacity leading to "additional redundancies beyond those included in the Plan".
A spokesman for the airline said: "While the preference will be for such redundancies to be on a voluntary basis, compulsory redundancies cannot be ruled out."
A spokesperson for Aer Lingus said it was clear the operating environment for Aer Lingus and airlines remained extremely challenging adding that the Board has re-affirmed that if Aer Lingus is to maintain its present scale of operations, it is essential that it urgently achieve the full €97million in savings.
The talks are due to conclude on 30 November when the Board and Management will meet to review the results.
The Company said it had accepted an invitation from the National Implementation Body to conclude negotiations with employee representatives in the Labour Relations Commission ('LRC').
The Board said it will closely monitor progress at the LRC talks over the coming week and that a further announcement may be made "as appropriate".
(DW/GK)
Related Irish News Stories
Click here for the latest headlines.
19 October 2007
Ryanair Hits Out As Aer Lingus Takes Flight
With Aer Lingus proceeding with its plan to close the Shannon-Heathrow route and open a new Belfast hub instead, its biggest rival (and ironically, its biggest shareholder), Ryanair is now set to provide three additional daily flights to London to ensure Shannon Airport's capacity and traffic does not fall as a result of this Aer Lingus closure.
Ryanair Hits Out As Aer Lingus Takes Flight
With Aer Lingus proceeding with its plan to close the Shannon-Heathrow route and open a new Belfast hub instead, its biggest rival (and ironically, its biggest shareholder), Ryanair is now set to provide three additional daily flights to London to ensure Shannon Airport's capacity and traffic does not fall as a result of this Aer Lingus closure.
05 November 2013
Concerns Raised Over Threatened Aer Lingus Strike
Fianna Fáil Spokesperson on Transport and Tourism, Timmy Dooley TD, has voiced his concern at the news that 91% of IMPACT cabin crew members at Aer Lingus voted in favour of industrial action.
Concerns Raised Over Threatened Aer Lingus Strike
Fianna Fáil Spokesperson on Transport and Tourism, Timmy Dooley TD, has voiced his concern at the news that 91% of IMPACT cabin crew members at Aer Lingus voted in favour of industrial action.
02 June 2009
Ryanair Flies Low
The budget airline Ryanair has revealed financial returns showing a major nosedive in operating profits. Ryanair plunged into the red by €169.2 million (£145.9m) in the year to March after being hit with a 59% hike in its fuel bill.
Ryanair Flies Low
The budget airline Ryanair has revealed financial returns showing a major nosedive in operating profits. Ryanair plunged into the red by €169.2 million (£145.9m) in the year to March after being hit with a 59% hike in its fuel bill.
05 November 2012
Aer Arann To Suspend Services From Waterford Airport
Aer Arann, operating as Aer Lingus Regional, is to suspend its services at Waterford Airport with effect from 6 January, 2013. The routes affected will be Aer Lingus Regional services from Waterford Airport to London Southend, London Luton and Manchester. The airline will continue to operate as normal from Waterford up to 6 January, 2013.
Aer Arann To Suspend Services From Waterford Airport
Aer Arann, operating as Aer Lingus Regional, is to suspend its services at Waterford Airport with effect from 6 January, 2013. The routes affected will be Aer Lingus Regional services from Waterford Airport to London Southend, London Luton and Manchester. The airline will continue to operate as normal from Waterford up to 6 January, 2013.
17 January 2011
Arann Flies To Scotland With Aer Lingus
Aer Lingus and Aer Arann have announced plans for a new route from Shannon to Edinburgh as part of the franchise agreement between the two airlines. From 27 March, Aer Lingus Regional, operated by Aer Arann, will provide flights to Shannon from Edinburgh five days a week.
Arann Flies To Scotland With Aer Lingus
Aer Lingus and Aer Arann have announced plans for a new route from Shannon to Edinburgh as part of the franchise agreement between the two airlines. From 27 March, Aer Lingus Regional, operated by Aer Arann, will provide flights to Shannon from Edinburgh five days a week.
-
Ireland WeatherToday:Very windy with persistent and occasionally heavy rain at first, becoming drier with the wind easing towards midday. Mainly dry with bright spells increasing during the afternoon. Milder than of late. Maximum temperature 14 °C.Tonight:Cloudy with clear spells, mainly dry evening becoming windy with rain at times from late evening. Turning drier with clear spells towards morning. Milder than of late. Minimum temperature 2 °C.
