Aer Lingus faces further cost cuts if summer revenues are lost, chief says

Aer Lingus faces further cost cuts if the Government fails to act on a plan to restart air travel, the carrier’s new chief executive, Lynne Embleton, has warned staff. The National Civil Aviation Development Forum this week published a recovery plan that calls for the Government to axe Covid-19 quarantines in favour of testing and vaccine proofs to aid the recovery of air travel. Embleton warned Aer Lingus staff in an internal memo that there is now a risk of losing this summer, which is when the airline stands to earn most of its revenues. “Should the current negative trajectory continue, it would have a significant financial impact on the airline and we would have to carefully assess its implications,” her note stated. She noted that Aer Lingus’s current skeleton flying programme is having a stark impact on the airline.<br/>
Irish Times
https://www.irishtimes.com/business/transport-and-tourism/aer-lingus-faces-further-cost-cuts-if-summer-revenues-are-lost-chief-says-1.4539722
4/16/21