Ryanair requested that Aer Lingus Chairman Colm Barrington provide a list of all noncurrent employees and board members who have an entitlement to free flights on EI and to explain why the entitlement exists. Ryanair, EI's largest single shareholder with just under 30%, argued that the free flight deals "are inappropriate and unjustifiable" at a time when EI is contemplating significant cuts. It is expected to announce a major cost reduction program this week.
Subscribe to Access this Entire Article
"Printer-friendly" 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.