Aer Lingus’ shareholders have voted in favor of a deal to address the airline’s pension deficit, which was previously described as “a real and significant risk to the success of the company.” A proposal to plough €190.7 million ($237.6 million) into the pensions scheme, which has taken four years to finalize, was put to shareholders during an extraordinary general meeting Dec. 10. In a stock exchange disclosure, Aer Lingus said the motion had been passed, with ...

Subscribe to Access this Entire Article

"Aer Lingus shareholders back critical pensions deal" 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?

Already registered? here.