With Aer lingus losing 22 million in the first 6 months and forecasting possible losses of 30 million for the year, unless I am mistaken that would be a loss of 8 million during the most lucrative summer months (last 6). 2 Questions. 1. Where can Aer Lingus cut costs without upsetting everyone currently employed?. 2. They stated in their report that if they did not cut costs they could be looking at 3 digit Million losses. How long is Aer Lingus sustainable with these losses.. share price sliding further probably leaving them open to a takeover.
