a Pilot's Strike and going out of business are two very different things! :P You had me worried for a second.

The Aer Lingus rewards for MR breakdown like this:

$149 Economy Class Companion Ticket to Ireland
9,000 points

Free Economy Class Companion Ticket to Ireland
30,000 Points

Free Economy Class Ticket to Ireland 50,000 Points

$399 Premier Ticket to Ireland
60,000 Points

Free Premier class Ticket to Ireland 100,000 Points

Ireland Vacation Package for two
150,000 Points

4 Free Economy tickets to Ireland
160,000 Points