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A disagreement with pilots could cost Aer Lingus a substantial fee of €55m

Ireland.la Staff

Aer Lingus is confronted with an expenses bill of a minimum of €55 million due to a recent pilots’ salary disagreement. The settlement from last month entailed a salary enhancement of 17.75 per cent for the workforce. Operating profit for the quarter ending in June decreased by €29 million to €92 million compared to the same timeframe the previous year. The company cited an intense market and conflict as factors for the decline.

Aer Lingus has projected a direct financial impact of €55 million in the second and third quarters due to the industrial action, even before the effect of advance bookings is considered. Amidst present competitiveness and a yearly passenger limit of 32 million at Dublin Airport, the airline is assessing the cost of the conflict.

Other information and updates will follow soon.