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Old 22nd Dec 2008, 02:19
  #1052 (permalink)  
Shamrock350
 
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so were they lying to the employees to get a deal on cost savings?

We may never know but even if they were lying, it worked didn't it? Oil prices have been a factor as well, they've been falling in recent weeks which has enabled Aer Lingus to adjust their forecasts to the new lower oil prices and cost savings achieved through new staff conditions. Aer Lingus can make money, it was rising costs that caused damage.

MO'L is now demanding to know what impact axing of the fuel surcharge will have on cash reserves. This coming from the man who has campaigned with monthly out bursts against Aer Lingus to have the surcharge dropped and when they do it he attacks them. So what is it going to be Mr. O'Leary, concerned investor, willing partner or major rival?
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