Pilots' action 'to cost Aer Lingus €55m'
Recent industrial action by Aer Lingus pilots is expected to cost the airline at least E55m, the airline has said. The figures are contained in the company's latest set of financial results, as reported by Irish broadcaster RTÉ. The pilots' pay dispute led to the cancellation of 610 flights due to a two week work-to-rule and an eight-hour strike. Last week, members of the Irish Air Line Pilots' Association (IALPA) voted in favour of accepting Labour Court proposals which included a pay increase of 17.75% over four years. Pilots initially demanded a 24% pay rise, arguing their pay has not kept up with high inflation levels since their last pay increase in 2019. In a statement on Thursday, Aer Lingus said: "The industrial action will have an expected €55m direct financial cost to the business over quarter two and quarter three, before including the impact on forward bookings. "Following the resolution of the pilot pay dispute through a Labour Court recommendation which delivered structural change for the business, Aer Lingus is assessing the implications of the financial damage caused by the dispute in the context of the current competitive environment and the passenger cap at Dublin Airport. "This will include a review of the weaker parts of the airline's network and its cost base."<br/>
https://portal.staralliance.com/cms/news/hot-topics/2024-08-02/unaligned/pilots-action-to-cost-aer-lingus-20ac55m
https://portal.staralliance.com/cms/logo.png
Pilots' action 'to cost Aer Lingus €55m'
Recent industrial action by Aer Lingus pilots is expected to cost the airline at least E55m, the airline has said. The figures are contained in the company's latest set of financial results, as reported by Irish broadcaster RTÉ. The pilots' pay dispute led to the cancellation of 610 flights due to a two week work-to-rule and an eight-hour strike. Last week, members of the Irish Air Line Pilots' Association (IALPA) voted in favour of accepting Labour Court proposals which included a pay increase of 17.75% over four years. Pilots initially demanded a 24% pay rise, arguing their pay has not kept up with high inflation levels since their last pay increase in 2019. In a statement on Thursday, Aer Lingus said: "The industrial action will have an expected €55m direct financial cost to the business over quarter two and quarter three, before including the impact on forward bookings. "Following the resolution of the pilot pay dispute through a Labour Court recommendation which delivered structural change for the business, Aer Lingus is assessing the implications of the financial damage caused by the dispute in the context of the current competitive environment and the passenger cap at Dublin Airport. "This will include a review of the weaker parts of the airline's network and its cost base."<br/>
