25 November 2001 Edition

O'Rourke's sham Aer Lingus rescue plan

25 November 2001

Mary O'Rourke finally and belatedly announced her so-called rescue package for Aer Lingus this week. Over 2,000 redundancies are proposed to generate annual payroll savings of £45 million, with another £100 million needed to be pruned from the airline's budget. Unions have until the end of November to negotiate the cost cutting plan. Alongside this was the announcement this week that the Dublin Government is seeking buyers for a 35% share in the airline. Free article


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