Aer Lingus Counting On Staff Cuts, Restructuring To Survive Downturn

Hardly 24 hours after British Airways announced more than 1,700 job losses, Ireland’s Aer Lingus is revealing it will cut 676 staff as part of restructuring plans to try to secure the carrier’s future. The aim is to secure annual savings of €97 million (US$142.3 million) a year in operating costs...

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