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A relevant stake of Aer Lingus stays in the government hands
Dublin, Ireland - And the airline thinks about the long-haul
After the September 11, 2001 attacks, the flag carrier lost part of its transatlantic traffic and the result was a 30% costs cut and the dismissal of around one third of the employees. It was very close to bankruptcy, but it rescued itself becoming a low cost airline. Today they talk about privatization, but a partial one, because as the Transport Minister Martin Cullen stated "The government will...
AVIONEWS - World Aeronautical Press Agency - 120778
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency