Israel Herald
IsraelHerald.com Saturday 11th February 2012 Issue 3440
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    Irish airline millions of euros down
    Israel Herald
    Wednesday 10th 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.


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