PPRuNe Forums - View Single Post - Aer Lingus - 6
Thread: Aer Lingus - 6
View Single Post
Old 28th Jun 2014, 13:42
  #2219 (permalink)  
ayroplain
 
Join Date: Sep 2005
Location: Europe
Posts: 373
Likes: 0
Received 0 Likes on 0 Posts
The airline has a gross cash of €1.02bn as of Q1 FY14, of which €553.7m is net - Just €19.5m of net is restricted.
Even counting the 191M possible payout, EI will still be left with over E800M in their cash reserves
How do these figures equate?

In addition EI have stated that they will impose a salary freeze and cost reduction changes to recoup the E191M
Are the staff likely to agree to those impositions without further industrial action?
ayroplain is offline