Aer Arann introduces paycuts but saves jobs

Aer Arann announced today that it was introducing an 7% pay cut for it's workforce with managerial salaries to fall by 17%. The airline did say however that it would not be making as many redundancies as previously announced. Last October Aer Arann were forecasting 100 redundancies, a figure which was reduced to 70 when it opened it's Isle of Man base. This figure has now been further reduced to 60 due to the success of it's cost cutting measures.

Posted 090428