But if I was a CEO with 1 Billion in the bank...and I was told I could give E50M to be finally rid of this pension issue (coupled with a pay freeze for 3 years) I would be jumping at that chance.
They are scheduled to give €140 million minimum NOT €50 million and that doesn't include pilots scheme. They gave €104 million on float as I have already shown.
CEO cannot give any money without shareholder approval as ultimately it is their company not Managements or Employers.
The €97 saving is a smokescreen as many staff who left and returned to generate that saving were paid handsomely for doing so and also got their tax liability to the Irish Govt paid for by Aer Lingus.