Irish flag-carrier Aer Lingus is warning that failure to reach an agreement over its restructuring plan will result in even more jobs being shed at the airline.

Its board met yesterday to review progress on the plan which aims to generate €97 million in cost savings, of which three-quarters is to be drawn from cutting personnel costs.

Aer Lingus says it must "urgently achieve" the full savings target if the carrier is to retain its current state of operations.

It is to hold talks with employees through the Labour Relations Commission next week, which are due to end on 30 November.

Aer Lingus warns that if it fails to secure the required cuts, it will "proceed to implement an alternative means of delivering the savings within the same timeframe".

It says that these measures will include cutting capacity which, in turn, will lead to additional job losses beyond those already outlined in the restructuring plan.

"While the preference will be for such redundancies to be on a voluntary basis, compulsory redundancies cannot be ruled out," the carrier states.

Source: Air Transport Intelligence news