Orlando Echo
OrlandoEcho.com Thursday 29th July 2010 Volume 305/8
  • More Breaking Business News

  • Protesters gather at Fiat Mirafiori plant
  • Greek truck drivers get back to work order from government
  • Some California state workers to take unpaid leave
  • Report says Alaskan spill was caused by power failure
  • Kraft says it will maintain Cadbury heritage
  • Boeing profits down while expectations rise
  • 3D camera coming from Panasonic in August
  • Air travellers welcome seating changes
  • Passengers might be asked to self-board Continental
  • Resorts spring up in Gaza Strip
  • Document leaking methods defended by Wikileaks owner
  • First global warming islands will soon be gone
    Get Breaking Business News headlines emailed to you daily.

    Irish airline millions of euros down
    Orlando Echo
    Wednesday 10th March, 2010  


    Irish airline, Aer Lingus, has reported a loss for 2009.
    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.

      Email this story to a friend

    Have your say on this story

    Your nickname (optional)
    Message