@vkid:
The company are willing to pay any revenue liabilities as they gave assurances to the employees that the 'leave and return' scheme was above board and would be classed as redundancy. If the employees were held accountable they would probably all take legal action against EI for misleading them.
2010: E57M operating profits is pretty impressive considering the mess the the CEO walked into (E81M operating losses in 2009)
Conversion of A330 to A350 seems strange. EI currently operate 8 A330, seems very optimistic to plan to operate a larger aircraft in greater numbers. Perhaps its a crafty move to delay the delivery slots of new widebodies to allow them time to find an alternative? The A330 were due in 2013-14, so now EI have no widebodies due until 2015.