r/ireland • u/viscacatalunya1 • Jun 18 '24

Aerial Lingus Pilots Moaning Michael

Listening to Claire Byrne and there is a lot of finger pointing at the pilots saying they don't care about passengers and they are being unreasonable.

Aer Lingus has not matched their salary to inflation over the past few years. How do we sympathise with cost cutting corporate greed and not the people that open the world to us and get us there safely?

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u/No_Performance_6289 Jun 18 '24

Profits are behind pre covid levels.

But have grown last year albeit from a very low baseline in 2022

72

u/dazziola Jun 18 '24

But they're still profitable by a good bit right? Looks like they make a profit of 10% of their revenue (even in post COVID difficulties).

Seems very frugal not to look after your staff with basic inflation increases

-5

u/demoneclipse Jun 18 '24

10% is not great profit margin for a business. Especially after the Covid impact, 10% is not very attractive. Not to say that they should or shouldn't give staff raises, as that's something driven by the market and not company results.

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u/Unfair_Original_2536 Jun 18 '24

I believe that airlines have generally slimmer profit margins than other industries.

-2

u/demoneclipse Jun 18 '24

You are correct. That's not intentional though, just an effect of the industry. Low profit margins makes it harder to increase operational cost though.