Aer Lingus to cut up to 500 jobs and scrap routes after €103million quarterly loss

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GB News

Aer Lingus to cut up to 500 jobs and scrap routes after €103million quarterly loss

Aer Lingus has announced plans to cut up to 500 jobs as the Irish carrier seeks to reduce costs amid mounting financial pressures and growing competition on transatlantic routes. The airline revealed the restructuring programme today after reporting a first-quarter loss of €103million, citing a challenging economic climate, rising fuel costs and increased competition on North American services. The proposed cuts re…