Talks between Aer Lingus, the Dublin Airport Authority and trade unions over the multi-employer pension scheme, Irish Aviation Superannuation Scheme (IASS), broke down. Employers and unionists described the gap between their respective demands as ‘unbridgeable’. So far, no new meeting has been scheduled, yet the resolution of the pension conflict is imperative for the government, which cannot sell its 25% stakes in Aer Lingus until then. Unions fear the airline plans to relocate its technical services currently based at Shannon airport and have announced strikes if it comes to that. Meanwhile, Aer Lingus’ request in front of the court to reduce its capital by 500 million ahead of a final ruling got side tracked when the judge admitting the case to the commercial division of the High Court expressed concerns over the 700 million deficit in the pension scheme and refused any changes until more clarity existed regarding the pension scheme.
English: http://www.rte.ie/news/2012/0607/aer-lingus-and-daa-pension-talks ...
http://www.rte.ie/news/2012/0611/judge-raises-concerns-about-aer-lingus-pension.html
http://www.reuters.com/article/2012/06/17/us-aerlingus-strike-idUSBRE85G0FT20120617
This article was published in the Collective Bargaining Newsletter. It aims to facilitate information exchange between trade unions and to support the work of ETUC's collective bargaining committee. For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. All rights reserved. The ETUI is not responsible for the content of external internet sites.
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