Monday, October 20, 2008

Aer Arann to reduce headcount by 25%

Aer Arann said today that it was opening negotiations with unions in anticipation of laying off up to 100 employees, or approximately 25% of the workforce.
The airline also plans to reduce frequency and cut routes in an effort to trim costs. In addition it will reduce aircraft numbers from 13 to 9 as it changes focus to wet leasing operations as a means of improving profitability. 

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