Aer Lingus, the Irish national airline, has met with delays in the proposed release of its latest profit figures owing to cabin crew members rejecting a range of new cost-cutting proposals.
Raher, the under-fire carrier will instead issue a new trading update and will delay the release of the much anticipated profit details for a later date. Industry experts have been projecting that the troubled Irish airline could be facing a 2009 loss of up to 90m euro. The forecasted profit announcement from Aer Lingus was to have included restructuring charges but these will now be factored into the later profit [...]

Minister Tony Killeen told that budget airline Ryanair had recently withdrawn its earlier decision to stop its flight services from Shannon to Liverpool and Edinburg. He said that Ryanair summer flights will continue to operate every Wednesday, Friday and Sunday.
Minister Killeen also confirmed Ryanair’s continued services to London Gatwick, Malaga, London Stansfed, Palma, Nantes, Wroclaw, Tenerife and Paris Beauvais until the end of summer 2010.
Killeen said that the growth of Shannon Airport depends on the services currently offered. He emphasized that Ryanair’s recent decision complements the UK’s domestic and transatlantic services currently being provided by Aer Lingus and Continental Airlines.
On [...]

As a way to drag itself out of its financial troubles, Aer Lingus has just recently unveiled a new business model. The former state carrier is now branding itself as Ireland’s civilized airline as part of its plan to reposition itself between low cost Ryanair and full service British Airways. Thus, this could be the new airline for mid-class passengers.
Aer Lingus hopes to raise its shares in the business travel market by offering faster check in times and pre-paid meals. At the same time, Aer Lingus will not offer premium lounges and free food and drinks that are associated with [...]

It seems that airline easyJet will fill the slots at Gatwick Airport, which will be vacated by Aer Lingus later this year. The budge airline is adding three aircrafts to its fleet at Gatwick but has not revealed where they will be flying to.
Aer Lignus, meanwhile, will take two of its Airbus A320’s out of operation and reduce its fleet size to just three at Gatwick. The move will become effective starting at the end of March. The three aircrafts will continue to serve three existing routes to Malaga, Dublin and Knock and a new route to Cork.
Aer Lingus has [...]

The well known Irish carrier, Aer Lingus, is just one of the many airlines that have had to cut many routes in order to save money. However, it seems that the amount of routes that Aer Lignus has already cut is not enough, and the company is being forced to cut yet more Gatwick routes. These cuts come less than a year after it commenced flights from the London airport in the first place.
Starting March 31, the airline will be reducing the number of aircrafts based at the Gatwick airport from five to three and will be reducing services to [...]

The crisis at Aer Lingus just seems to keep getting worse and worse. This time the news comes in the forum of two problems for the airline. First and foremost, the finance director for the company is now resigning. Second, the talks with the pilots over pay cuts has finally broken down.
The finance director Sean Coyle, will now be leaving Aer Lingus at the end of the month and will resign from the company’s board. His departure reflects wide unrest within the Irish flag carrier. The carrier has set up a task force to manage compulsory redundancies and a fleet [...]

It now seems that Aer Lingus has made a threat to shift its operations from Dublin to Gatwick and Belfast. This news came just after the talks to cut pilots’ wages finally broke down. This move would see hundreds of further compulsory redundancies as the carrier fights to save money.
The new chief executive at Aer Lingus, Christoph Mueller, said that the 676 job cuts that were announced in October will now reach more than 1,000. The new chief executive blamed this increase on the Irish Air Line Pilots Association’s failure to reach an agreement on cuts. He said that the [...]

It now seems that Aer Lingus has announced that it could be forced to make some more job cuts, as well as suspend some more routes. This announcement came just following the news that talks between management and crew had finally broken down.
Back in October, the new chief executive of Aer Lingus, Christoph Mueller, outlined some new plans for cuts that did include cutting 676 jobs of the 4,000 plus workforce. The airline was hoping that it would be able to reach an agreement with the cabin crew and pilots on the new plan, but talks became struck over pilot [...]

The carrier Aer Lingus has now admitted that it needs more voluntary redundancies. They went on to say that if they do not get the redundancies that they need, then more cuts will have to be made but by force. The Irish carrier, which is currently in talks with unions, said that it has been able to save €97 million under its Transformation Plan. This does include €74 million on staff costs and €23 million in other areas.
Some experts are saying that Aer Lingus could be looking to get rid of about one fifth of its workers. The carrier went [...]

It now seems that Aer Lingus is expected to announce even more job cuts. This announcement came just after the carrier concluded its talks with trade unions. This is all part of the airline’s plans to make $100 million in cost cuts.
Just last week, Aer Lingus, revealed that its revenues fell by 10 percent in the last quarter compared with the same time frame in 2008. Industry analysts are a little worried about how fast the company is burning through cash.
Around the end of September, the airline had a cash reserve of about $600 million, which is some 39 percent [...]