Striking out into the unknown

Aer Lingus and ESB have massive deficits in their pension schemes, writes Fearghal O'Connor.

24th November, 2013
The pensions crisis, which has long been a running sore in the semi-state sector, threatens to turn off the lights and ground air travellers in the fortnight before Christmas.

The pensions crisis, which has long been a running sore in the semi-state sector, threatens to turn off the lights and ground air travellers in the fortnight before Christmas.

Both ESB and Aer Lingus are on the brink of major industrial action, due to very similar rows about how each company is handling the massive deficits in their respective pension schemes.

ESB unions have earmarked December 16 as the day that industrial action in the...

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