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21/05/2009
Cut Aer Lingus Executive Salaries, Says Ryanair
The main rival to Aer Lingus is calling on the company to cut the salaries of its most senior executives.
Ryanair, which has a 29.8% stake in Aer Lingus, has tabled two resolutions for the airline's AGM on June 5.
They want to see the Aer Lingus Chairman, Colm Barrington and its directors, have their pay cut.
The company said this was due to the airline's "stated need to significantly reduce costs".
Ryanair wants its bitterest rival to cut the pay packet of its non-executive chairman from the €175,000 he received in 2007 back to the amount of €35,000 earned by the previous chairman, John Sharman, in 2006.
It also wants to see a cut in the pay of Aer Lingus' directors from the €45,000 they earned in 2007 to the €17,500 they earned in 2006.
Ryanair says that any future increases in the renumeration of the both the chairman and the directors should not exceed the general level of pay increase agreed between the company and its employees.
However, Aer Lingus said that its board members voluntarily decied to reduce their fees by 20% in February.
"The Aer Lingus board believes that the existing non-executive directors' fees and chairman's fees are reasonable having regard to the high level of board activity and the increase in directors' responsibilities since the IPO," the airline said in a statement.
Yesterday, Aer Lingus was celebrating news of considerable success for its Belfast International Airport 'hub'.
It has clocked up a million passengers since moving a major London-bound air slot away from Shannon to the new Aldegrove base.
See: Aer Lingus Soars With 1m Passengers
Ryanair, which has a 29.8% stake in Aer Lingus, has tabled two resolutions for the airline's AGM on June 5.
They want to see the Aer Lingus Chairman, Colm Barrington and its directors, have their pay cut.
The company said this was due to the airline's "stated need to significantly reduce costs".
Ryanair wants its bitterest rival to cut the pay packet of its non-executive chairman from the €175,000 he received in 2007 back to the amount of €35,000 earned by the previous chairman, John Sharman, in 2006.
It also wants to see a cut in the pay of Aer Lingus' directors from the €45,000 they earned in 2007 to the €17,500 they earned in 2006.
Ryanair says that any future increases in the renumeration of the both the chairman and the directors should not exceed the general level of pay increase agreed between the company and its employees.
However, Aer Lingus said that its board members voluntarily decied to reduce their fees by 20% in February.
"The Aer Lingus board believes that the existing non-executive directors' fees and chairman's fees are reasonable having regard to the high level of board activity and the increase in directors' responsibilities since the IPO," the airline said in a statement.
Yesterday, Aer Lingus was celebrating news of considerable success for its Belfast International Airport 'hub'.
It has clocked up a million passengers since moving a major London-bound air slot away from Shannon to the new Aldegrove base.
See: Aer Lingus Soars With 1m Passengers
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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.
22 October 2007
Shannon 'Not Informed' Of Aer Lingus Move
The Dublin Airport Authority did not inform authorities at Shannon Airport of Aer Lingus' decision to close its Shannon-Heathrow service, it has emerged. According to reports, the DAA, which operates Shannon Airport, was informed that Aer Lingus was considering closing the route to concentrate on their new Belfast operation in June.
Shannon 'Not Informed' Of Aer Lingus Move
The Dublin Airport Authority did not inform authorities at Shannon Airport of Aer Lingus' decision to close its Shannon-Heathrow service, it has emerged. According to reports, the DAA, which operates Shannon Airport, was informed that Aer Lingus was considering closing the route to concentrate on their new Belfast operation in June.
29 August 2007
Cabinet Discusses Aer Lingus Issue
Aer Lingus' controversial decision to close its Shannon-Heathrow route has reportedly been discussed by the Cabinet at its first meeting since the Dail resumed after the summer break.
Cabinet Discusses Aer Lingus Issue
Aer Lingus' controversial decision to close its Shannon-Heathrow route has reportedly been discussed by the Cabinet at its first meeting since the Dail resumed after the summer break.
21 January 2014
Unions To Ballot Members Over Aviation Pension Dispute
In a dispute over pensions union members at the Dublin Airport Authority, Aer Lingus and Shannon Airport are to be balloted over possible industrial action. The dispute is over a deficit of some €800 million in the companies' joint pension scheme, the Irish Aviation Superannuation Scheme.
Unions To Ballot Members Over Aviation Pension Dispute
In a dispute over pensions union members at the Dublin Airport Authority, Aer Lingus and Shannon Airport are to be balloted over possible industrial action. The dispute is over a deficit of some €800 million in the companies' joint pension scheme, the Irish Aviation Superannuation Scheme.
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