Aer Lingus to get rid of 500 jobs

Aer Lingus, the flag carrier of Ireland, is going to get rid of 500 jobs due to the coronavirus crisis. The company announced in a statement that it is currently operating less than 5% of its normal schedule. It also declared that the mandatory 14-day quarantine in Ireland (as well as in the UK) exacerbated (worsened) the airline’s financial performance. Aer Lingus has approximately 4500 employees, now going down to 4000 and it’s current share price is €2.55. Things could not get worse for the aviation industry. For my readers who are wondering when part 2 of my series of articles on the Boeing 767 is going to come out, do not worry, because it will be published in maximum 2 days time. 22nd of June 2020.

More jobs are being cut…

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