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Aer Lingus to cut jobs

26 October 2006

Aer Lingus has warned staff that it will make job cuts as the airline attempts to fight off a hostile takeover bid from rival Ryanair.

Dermot Mannion, chief executive of the Dublin-based company, told employee representatives yesterday that cost-cutting plans will have to be stepped up after Ryanair pledged to slash Aer Lingus’s cost base in the event of a takeover.

source: Guardian Unlimited

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