Aer Lingus planning to cut 20% of workforce - report

1st May 2020 15:09

(Sharecast News) - Aer Lingus was said on Friday to have told unions it's looking to make staff cuts of around 20% due to the coronavirus pandemic.
According to a source cited by Reuters, cuts at the Irish airline - owned by International Consolidated Airlines Group - would represent around 800 to 900 staff, with management promising to offer a voluntary redundancy programme.

Earlier this week, IAG said it was planning to cut as many as 12,000 jobs out of 42,000 at British Airways due to the fallout from the pandemic. A subsequent report by Sky News suggested that BA had written to its pilots to say 1,130 of their jobs would be cut out of a total of 4,346.

Budget airline Ryanair announced earlier on Friday that it was planning up to 3,000 job cuts as it forecast the airline business would take at least two years to return to pre Covid-19 conditions.

Ryanair said the cuts will affect about 17% of its workforce and will cover pilots, cabin staff and other workers. The budget carrier said it was also planning to put employees on unpaid leave and cut pay by up to 20%.