Tuesday, December 9, 2008

Mannion rules out Ryanair merger

Speaking on RTE radio today, Aer Lingus CEO Dermot Mannion said that the recently brokered deal with SIPTU and IMPACT unions will save the company fifty million euro and will see 200 staff leave the airline without being replaced. The airline will however continue to be a significant employer with 3,500 employees. Mr. Mannion also predicted that the cost saving program would make Aer Lingus more competitive and that there was no need for a merger with Ryanair.

No comments: