Flag carrier of the Republic of Ireland; founded 1936; government-founded carrier transformed through privatisation
Aer Lingus has announced a transformation plan amid rising fuel costs and a weak economy. The carrier is cutting 290 head-office roles and 70 pilot positions, while trimming 6% of capacity and removing underperforming routes. The moves aim to lift operating margins to 12-15% in the medium term, up from 11.1% in 2025, as parent IAG cautions about fuel and supply-chain pressures.