Aer Lingus has always been in a no win position, when it comes to the IASS. Deficiencies in the funding of the scheme should have been identified, or if they had been, acted upon, at a much earlier stage. Even before flotation! For that reason I believe the Irish government should bear some of the blame for this situation.
The scheme has been poorly managed for decades! Is that the fault of the beneficiarys? Probably not!
The government, Aer lingus, Aer Rianta have all stuck their heads in the sand for years.
Surely it should now be, Aer Lingus, Aer Rianta AND the government, sticking their hands in their pockets?
Somebody should also be putting the Trustees under scrutiny. They have failed miserably in their role!
Last edited by Epsomdog; 28th Jun 2014 at 10:54.
Reason: Addition of trustees