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AEr Lingus & Unions at Labour Court

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  • 17-11-2009 5:34pm
    #1
    Registered Users Posts: 12,851 ✭✭✭✭


    Why are the unions oppose to the cuts Aer Lingus wants to make?


    Looking at Aer Lingus balance sheet they have just 300m capital left, hence will aer lingus see april next year?



    If aer lingus goes bust there be no redundo for the staff?


Comments

  • Registered Users Posts: 27,645 ✭✭✭✭nesf


    Yeah, the only thing that could happen is the State stepping in to save the company but to be blunt we're not exactly in a situation where the State could afford to do such.

    Perhaps they want to push for better redundancy packages or something?


  • Registered Users Posts: 12,851 ✭✭✭✭average_runner


    Maybe so, but by doing that are unions not putting more jobs at risk there?


  • Closed Accounts Posts: 1,531 ✭✭✭Taxipete29


    Aer Lingus should of sold out to Ryanair when they had the chance. The are doomed to bankruptcy unless they are taken over by a bigger fish.

    The company has cut and cut and cut. They are still in trouble. I think that says it all. Its just not a viable company as an independant.


  • Registered Users Posts: 19,025 ✭✭✭✭murphaph


    Taxipete29 wrote: »
    Aer Lingus should of sold out to Ryanair when they had the chance. The are doomed to bankruptcy unless they are taken over by a bigger fish.

    The company has cut and cut and cut. They are still in trouble. I think that says it all. Its just not a viable company as an independant.
    There must be further cuts available to the firm then if other airlines manage to stay afloat.


  • Closed Accounts Posts: 14,575 ✭✭✭✭FlutterinBantam


    nesf wrote: »
    Yeah, the only thing that could happen is the State stepping in to save the company but to be blunt we're not exactly in a situation where the State could afford to do such.

    Perhaps they want to push for better redundancy packages or something?


    Aer Lingus staff had loads of opportunities to take good redundancy packages even up to last year.

    Anyone with a modicum of common sense working out there would have seen that the ability to match those terms would be practically nil, given the current economic situation.

    Looks like anyone still there has missed the bus, in that respect.


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  • Closed Accounts Posts: 19,986 ✭✭✭✭mikemac


    Heard on the radio that 600 redunancies are planned.
    For sure, changes have to happen but it's sad news for many.


  • Registered Users Posts: 27,645 ✭✭✭✭nesf


    mikemac wrote: »
    Heard on the radio that 600 redunancies are planned.
    For sure, changes have to happen but it's sad news for many.

    Indeed. The only solace to take in such situations is that the alternative is a lot more people receiving bad news this close to Christmas.


  • Closed Accounts Posts: 1,531 ✭✭✭Taxipete29


    murphaph wrote: »
    There must be further cuts available to the firm then if other airlines manage to stay afloat.

    I am sure there are plenty of cuts to be made, but they are competing in a cut throat market and they seem to be too small to be able to do this effectively.

    Any expert I have heard discussing this subject has been of the opinion there is little room left for smaller airlines. They reckon most will have to merge or be taken over by larger firms in order to survive.


  • Registered Users Posts: 3,467 ✭✭✭jetfiremuck


    Not a peep from OLeary. Probably rubbing the hands to don the white knight and rescue..... the only man with the bobs etc.etc.


  • Registered Users Posts: 7,476 ✭✭✭ardmacha


    There must be further cuts available to the firm then if other airlines manage to stay afloat.

    As you never tire of remaining us, Ireland has been worse hit in the present recession than other places. So it stands to reason that airlines serving this country may have experienced a bigger decline than elsewhere. Everyone on this forum is determined that teachers not be able to visit their villas on the Med.


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