Shareholders force Aer Lingus rethink

Aer Lingus has brought forward its April board meeting to this week to deal with an adverse reaction from institutional shareholders on the investor roadshow that followed the publication of its full-year results earlier this month.

21st March, 2009

Aer Lingus has brought forward its April board meeting to this week to deal with an adverse reaction from institutional shareholders on the investor roadshow that followed the publication of its full-year results earlier this month.

The airline is to consider scaling back capital expenditure - including deferring aircraft deliveries - in an effort to reduce the rate at which it depletes its cash pile, which is forecast to fall from €650 million to approximately...

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