Aer Lingus board members agree to pay cut

Board members at Aer Lingus have agreed a voluntary 20% cut in director fees in light of the current economic climate. Chairman Colm Barrington will see the biggest drop in earnings with his fee dropping €35k to €140k per annum. The move is expected to save the airline €150k.

Salaries of the airline's senior management will not be affected. Last month Ryanair announced that it's managers would be taking a 10% pay cut and a 50% cut in bonus.