Bolivian lawyer and politician with regional roots in PotosÃ
Aer Lingus has announced a transformation plan to cut costs and 6% of capacity, targeting a 12-15% operating margin as fuel costs and macro challenges weigh on earnings. The carrier will cut 290 head office jobs plus 70 pilot and 140 cabin roles, removing several unprofitable routes, with more changes expected through 2027.
Tui has seen a sharp drop in pre-tax profits in its third quarter as fuel costs rise amid the Middle East conflict. The group reports weaker bookings and higher costs, but notes some signs of recovery in demand and continued price pressure.