Aer Lingus yesterday revealed a two-phase "transformational" restructuring plan to reduce annual operating costs excluding fuel by €97 million ($142.7 million) before the end of 2011 and remove "legacy work" practices from its operation. EI also will use an Airline Operating Certificate in the UK to decrease its current dependency on the Irish consumer. Phase one of the plan will target operational cost reductions and changes in work practices in both the short-haul and long-haul ...

Subscribe to Access this Entire Article

"Aer Lingus unveils restructuring plan, aims to slash €97 million in yearly costs" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.