The new head of Aer Lingus has warned that the Irish airline risks being taken over by its larger rival Ryanair unless employees agree to his plans for sweeping cost cuts.“If Aer Lingus isn’t capable of mastering its own destiny, then of course the
Talks between Aer Lingus management and its pilots and cabin crew have stalled, leading the Irish airline to propose more than 1,000 redundancies across the group, as well as additional reductions in aircraft capacity that go beyond earlier proposal
DUBLIN - Irish airline Aer Lingus will slash jobs and loss-making routes after failing to reach an agreement with unions in cost-cutting talks, it said on Tuesday. The loss-making airline announced in October that it planned to save 97 million euro
Losses at Aer Lingus, the former state-owned Irish carrier, increased in the first half as revenues fell because of cuts in fares, reduced seat sales and higher fuel costs.The airline, which has fended off two hostile takeover bids from Ryanair, the
DUBLIN - Irish airline Aer Lingus said Thursday that net losses more than tripled in the first half of 2009, as the global economic downturn curbed demand for air travel. Aer Lingus said in a results statement that it suffered a net loss of 73.9 mi
DUBLIN - Citing exceptionally poor market conditions, Irish airline Aer Lingus said Friday it was cutting back transatlantic flights on its winter season later this year. The former state airline said in April that total revenues fell by 16 percent
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