{"id":495753,"date":"2026-05-21T12:14:17","date_gmt":"2026-05-21T12:14:17","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/495753\/"},"modified":"2026-05-21T12:14:17","modified_gmt":"2026-05-21T12:14:17","slug":"aer-lingus-laying-off-managers-amid-cost-savings-drive-as-e103m-lost-in-first-quarter-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/495753\/","title":{"rendered":"Aer Lingus laying off managers amid cost-savings drive as \u20ac103m lost in first quarter \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \"><a href=\"https:\/\/www.irishtimes.com\/tags\/aer-lingus\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/aer-lingus\/\">Aer Lingus<\/a> is laying off up to 20 managers <a href=\"https:\/\/www.irishtimes.com\/business\/2026\/05\/20\/aer-lingus-may-cut-flights-in-cost-review-pilots-told\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2026\/05\/20\/aer-lingus-may-cut-flights-in-cost-review-pilots-told\/\">as the airline seeks savings<\/a> after losing \u20ac103 million in the first three months of this year.<\/p>\n<p class=\"c-paragraph paywall \">The Irish carrier told pilots this week that it could cut flights next winter and summer following a review of costs across its business.<\/p>\n<p class=\"c-paragraph paywall \">Company sources say  Aer Lingus is offering voluntary redundancy to 15 to 20 senior and general managers in the organisation as part of its bid to cut costs.<\/p>\n<p class=\"c-paragraph paywall \">The move has sparked concern among other groups of workers that the company could seek to cut further jobs should the Middle East crisis continue to pressurise fuel costs in coming months.<\/p>\n<p class=\"c-paragraph paywall \">Aer Lingus and its owner <a href=\"https:\/\/www.irishtimes.com\/tags\/international-airlines-group\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/international-airlines-group\/\">International Airlines Group (IAG)<\/a> have hedged much of their fuel needs for this year, <a href=\"https:\/\/www.irishtimes.com\/business\/2026\/05\/08\/aer-lingus-ceo-says-it-has-enough-fuel-for-summer-flights\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2026\/05\/08\/aer-lingus-ceo-says-it-has-enough-fuel-for-summer-flights\/\">largely insulating them against current price volatility<\/a>.<\/p>\n<p class=\"c-paragraph paywall \">However, should the crisis continue and oil prices remain high, insiders say workers worry that the company could seek to cut jobs in the autumn.<\/p>\n<p class=\"c-paragraph paywall \">The carrier did not comment on plans for management lay-offs or any prospect of it seeking cuts among other groups of workers, should the Middle East crisis continue.<\/p>\n<p><img decoding=\"async\" alt=\"\" class=\"c-image audio_image\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/05\/1779365657_115_1754647931518-c07d65db-55b5-463e-ae51-976300c5837e.jpeg\"\/>Rents and evictions soar as house price inflation slows<\/p>\n<p class=\"c-paragraph paywall \">Aer Lingus said  it needs to boost operating margins to 12-15 per cent, a target set by IAG.<\/p>\n<p class=\"c-paragraph paywall \">The company added  it was \u201cactively reviewing its costs base and schedule beyond the summer\u201d in light of potentially higher fuel costs and global uncertainty to ensure it was well-positioned for the future. <\/p>\n<p class=\"c-paragraph paywall \">Pay deals agreed with pilots, cabin crew and ground staff end this year, leaving the airline facing the prospect of renewed talks with unions in the autumn and in early 2027.<\/p>\n<p class=\"c-paragraph paywall \">The company is also due to increase cabin and ground crew pay by 1 per cent in July under the terms of a agreements with their unions, <a href=\"https:\/\/www.irishtimes.com\/tags\/siptu\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/siptu\/\">Siptu<\/a> and <a href=\"https:\/\/www.irishtimes.com\/tags\/forsa\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/forsa\/\">F\u00f3rsa<\/a>.<\/p>\n<p class=\"c-paragraph paywall \">Aer Lingus singled out the cost of closing its Manchester base and a tougher economic environment for the loss in the first quarter of the year.<\/p>\n<p class=\"c-paragraph paywall \">The figure was \u20ac48 million more than the \u20ac55 million shortfall reported in the opening three months of 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"Aer Lingus is laying off up to 20 managers as the airline seeks savings after losing \u20ac103 million&hellip;\n","protected":false},"author":2,"featured_media":495754,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[73],"tags":[2442,79,18,13265,19,96683,17,31825],"class_list":["post-495753","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-aer-lingus","tag-business","tag-eire","tag-forsa","tag-ie","tag-international-airlines-group","tag-ireland","tag-siptu"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116612515463493718","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/495753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=495753"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/495753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/495754"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=495753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=495753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=495753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}