Aer Lingus May Axe Jobs to Foil Ryanair

Summary


Aer Lingus may have to axe jobs to help it compete with rival Ryanair, it emerged yesterday.

According to reports, Aer Lingus chief executive Dermot Mannion told representatives of the company's 3,500 employees it would need cutbacks if it wanted to survive competition from Europe's largest budget carrier. Dublin-based Ryanair has already said it would expect "significant" job losses at Aer Lingus if its takeover bid, which values Aer Lingus at 1.48 billion euros (pounds 993.2 million, is successful.

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Aer Lingus May Axe Jobs to Foil Ryanair

A spokeswoman for Aer Lingus said Mr Mannion - whose group maintained at the ...

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