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Last Updated: Thursday, 19 August, 2004, 17:11 GMT 18:11 UK
Aer Lingus unveils cost cut plans
Aer Lingus
Aer Lingus has repositioned itself as a low-cost carrier
Irish state airline Aer Lingus has unveiled a cost-cutting plan designed to shed 1,300 jobs as it bids to compete with the low-cost carriers.

Workers have been offered at least 40,000 euros ($49,480, �27,000) each to take voluntary redundancy.

The deal is thought unlikely to appease unions at the airline, who have threatened to strike.

Half of Aer Lingus's workforce has already voted to take industrial action if job cuts are forced through.

Aer Lingus repositioned itself as a low-fares player after a brush with bankruptcy following the 11 September attacks.

It has since cut costs and axed 2,000 jobs or a third of its workforce as part of the restructuring.


SEE ALSO:
Aer Lingus 'planning to cut jobs'
27 Jul 04  |  Business
Aer Lingus launch Liverpool route
03 Jul 04  |  Merseyside
Aer Lingus buys Airbus fleet
17 Sep 03  |  Business
Aer Lingus results turn sour
31 Jul 02  |  Business


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