Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Aer Lingus, an Irish airline under the International Airlines Group, announced that 500 positions will be cut as part of a cost-cutting programme: 70 pilots, 140 cabin crew members and 290 head-office roles. The restructuring targets employees based in Ireland, with head-office roles concentrated at its Dublin headquarters.The cut includes a quarter of its management jobs: 20 general managers and senior staff have taken voluntary redundancy.
Rising fuel costs, intensified North American competition and the need to meet IAG’s profitability targets prompted the move. In addition, the airline will reduce flights from Dublin to Denver, Minneapolis, Las Vegas and Split.
The unions Fórsa, IALPA, and SIPTU, have expressed opposition to compulsory redundancies, warning that the cuts could impact workforce stability. Aer Lingus intends to complete the programme within the coming months as negotiations progress.
Eurofound (2026), Aer Lingus, Internal restructuring in Ireland, factsheet number 300788, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300788.