Aer Lingus postpones cost-cutting announcement

Senior Aer Lingus management figures from head office were in Dublin, Shannon and Cork last Friday preparing to announce cuts of up to €100 million to their staff.

20th September, 2008

Senior Aer Lingus management figures from head office were in Dublin, Shannon and Cork last Friday preparing to announce cuts of up to €100 million to their staff.

But the announcement was halted after a lengthy board meeting failed to reach agreement on the cost-cutting plan. It is understood that the management’s plan was to make an announcement initially to the stock exchange - after which they intended to address airline staff in Dublin, Cork...

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