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The former head of Aer Lingus is axeing 6000 staff at his new airline
The man dubbed The Terminator says Malaysia Airlines is “technically bankrupt”.
Your contributions will help us continue to deliver the stories that are important to you
The man dubbed The Terminator says Malaysia Airlines is “technically bankrupt”.
There’s some big money riding on the IAG buyout offer.
The Transport Minister wants a longer guarantee on the airline’s Heathrow slots
Don’t have time to mull over the news? Here’s everything you need to know.
He previously occupied top positions at German flag carrier Lufthansa and the former Belgian carrier Sabena.
O’Brien now owns just over 2.4% of the airline.
The airline chief will move on in May next year.
The company says that its decision to accept the hit will defuse the risk of future strikes.
A trade union called any increase would be “very strange”.
Aer Lingus CEO Christoph Mueller – who is about to take over as chairman of An Post – will also be in attendance today.
The airline says increasing losses – of €45.5 million in the first quarter of 2013 – highlight the need to cut staff.
Profits for the year rise to €86.5m, 29.7 per cent up on last year.
Ryanair’s bid of €1.30 per share is well above the €0.94 they were worth yesterday – but Aer Lingus says not to act yet.
Ryanair has already said it plans to appeal the ruling at the Supreme Court.
Aer Lingus says its booked passenger numbers increased by 5 per cent in September, compared to the same month last year.
The flag-carrying airline says its passenger volumes for July and August were up by 1.4 per cent on the same period last year.
The flag-carrying airline says passenger bookings grew by 4.1 per cent in August, with a short-haul surge covering Irene disruption.
The flag-carrier’s losses for the first half of 2011 are 46 per cent worse than last year, but there’s better news to come.
Talks at the Labour Relations Commission will try to avoid a rostering dispute that could see flights cancelled next week.
The airline says the continued weakness of the Irish economy means its profits won’t be as high as first expected.
The flag-carrying airline reports its first profit in several years, with pre-tax profits hitting €30.4m for 2010.
Impact say flights will not be disrupted.