Aer Lingus ‘will be ready for O’Leary at AGM’

AER LINGUS hit back at Ryanair boss Michael O’Leary last night saying it will be ready for him at its upcoming AGM when he proposes massive pay cuts for the state airline’s chairman and executives.

Aer Lingus said it “successfully competes every day against Ryanair” adding that Michael O’Leary “just isn’t believable as any kind of champion of Aer Lingus shareholders”.

Earlier in the day Aer Lingus urged its shareholders to reject Ryanair’s calls for a cut in its chairman and director’s pay saying the fees they earn are “reasonable”. It said its non-executive directors fees are on average 24% lower than 14 of the top ISEC companies.