Business Irish

Sunday 19 November 2017

Aer Lingus pensions strike threat looms again

Louise Hogan and John Fallon

A PLANNED two-hour work stoppage at Aer Lingus may still go ahead after workers raised issues over a bid to solve a massive pensions deficit.

It was believed the disruption had been averted after Aer Lingus agreed to enter talks on a "voluntary" basis with unions and businesses at the Labour Relations Commission (LRC) to help broker a possible solution to the €700m-plus deficit.

However, SIPTU's Aer Lingus pensions committee has expressed concern over a statement from the airline in relation to the negotiations.


SIPTU organiser Dermot O'Loughlin said Aer Lingus appeared to be seeking concessions in relation to productivity measures, or stabilisation of employment costs for any investment to plug the pensions deficit.

He said they would be seeking confirmation from the airline that workers conceding to productivity measures in exchange for pension fund investment would be removed from the negotiating table.

A meeting of Aer Lingus SIPTU shop stewards will take place today.

Last night, Aer Lingus said it was standing "firmly" over its statement that it was committed to achieving a "fair outcome".

"Aer Lingus is seeking employment cost stability over the coming years and any new arrangements put in place by the company to improve the pension prospects of affected members of IASS, will therefore be linked to the strength of the commitment to stabilise employment costs," the airline said.

Irish Independent

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