FlyerTalk Forums - View Single Post - Aer Lingus pilots ballot for strike action

Jul 11, 2024 | 8:12 am

#364

DaveMFF

Join Date: Jul 2023

Location: Cork, Ireland

Programs: BAEC Gold, SAS EB Gold, EI AerClub Green

Posts: 166

Quote:

Originally Posted by ChurnieEls

I mean if IAG/EI hadn't lowballed them & refused to negotiate from the jump it wouldn't have happened.

They asked for 24%, management wouldn't budge from 12% and low and behold the answer is split the difference.

Whatever EI management might have 'saved' by not blinking initially is gone up in flames from all the EC-261 & hire ins.

I'd be surprised that that matters too much to IAG. Its just a blip in the balance sheet. The impact on future profitability is likely all IAG leadership are interested in as it determines market valuation of their stake in EI.

Reply