Aer Lingus confirms SIPTU staff cost savings

Aer Lingus Group plc today welcomed the positive outcome of the recent SIPTU ballot which delivers significant cost savings, work practice changes and pay inflation moderation for the airline. The examination of the options chosen by individual staff members indicates at this point that the necessary take ups required in each of Dublin, Cork and Shannon will be sufficient to deliver the annualised target savings of €25 million relevant to the SIPTU areas of the airline.

Speaking today Aer Lingus Chief Executive Dermot Mannion said,

"Crucially, this transformational programme of change will provide an excellent platform for growth at each base in the future.

“I would like to acknowledge the cooperation, commitment and determination of all of the members of our management, staff and their representatives who worked collectively to deliver the required level of cost savings as an alternative to outsourcing."

Aer Lingus will make further announcements on the progress of its cost reduction programme shortly.