Aer Lingus will be cutting jobs and reducing its A320 aircraft fleet due to ongoing profitability challenges and pressures from a passenger cap at Dublin Airport.
CEO Lynne Embleton communicated to staff in a video message that the airline is not meeting the profitability targets set by its parent company, International Airlines Group (IAG).
Aer Lingus ranks lowest in profitability among IAG-owned airlines. The airline is facing significant operational hurdles and suffered a €55m hit due to last summer’s pilot’s strike.
The third quarter results from IAG are expected to report a €1.7bn profit with Aer lLingus the poorest performing of the four airlines.
The airline has a fleet of 58,of which 35 are A320 family (29 plus six neo), eight A321LR with two 321XLR ready for services, and 13 A330s.
