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Aer Lingus Offers Customers Refunds As Pilots Eye Walkout

DUBLIN Dow Jones)--Aer Lingus Group PLC (EIL1.DB), the Dublin-based airline, is advising customers holding reservations to switch or seek refunds after weekend talks that aimed to resolve a roster dispute between the Irish airline and its pilots broke down. Most of its flights with the exception of services to and from Belfast, to and from Washington-Madrid and its regional services are likely to face major disruption from Tuesday morning, as pilot representatives Ialpa and Impact threaten labor action, Aer Lingus said Sunday. The Irish Airline Pilots Association, or Ialpa, is a branch of trade union Impact. "At this point in time we cannot be certain that we will be able to operate our schedule from next Tuesday June 7," Aer Lingus said on its website. It is offering customers holding bookings from Tuesday June 7 through to Friday June 10 to switch free of charge or seek refunds online. The dispute about rosters which has been rumbling for years centers on the decision by Aer Lingus to introduce new rosters for pilots that would meet agreed productivity targets. In recent weeks, the issue has been exacerbated by a shortage of pilots due to higher-than-expected levels of turnover in the U.K., Aer Lingus said last month. The Irish government owns 25% of Aer Lingus. A panel set up to review government ownership of utilities and commercial enterprises advised the finance ministry earlier this year to sell off the stock market stake when market conditions improve. -By Eamon Quinn, Dow Jones Newswires, +353 1 676 2189; eamon.quinn@dowjones.com

Stock News for Ryanair (RYAAY)
DateTimeHeadline
07/28/201412:25:38EUROPE MARKETS: Ryanair Shines In Downbeat European Market
07/28/201405:32:57EUROPE MARKETS: Ryanair Tops Stoxx 600 After Profit Soars 152%
06/30/201417:04:08ADR Shares End Mixed; Philips, America Movil Trade Actively
06/13/201412:16:48EUROPE MARKETS: European Stocks Drop On Rate-hike Talk, Iraq
06/13/201407:18:16EUROPE MARKETS: European Stocks Drop As Iraq, Rate-hike Talk...
06/10/201417:15:09ADR Shares End Mixed
06/10/201400:40:13U.S. Lawmakers Move to Block Norwegian Air Expansion Plan
05/19/201412:46:28LONDON MARKETS: FTSE 100 Yanked Lower By AstraZeneca, Miners
05/19/201412:42:17EUROPE MARKETS: AstraZeneca Weighs On Stoxx 600 After Rebuffing...
05/19/201407:07:32EUROPE MARKETS: AstraZeneca Bruises Stoxx 600 After Rejecting...
05/19/201405:20:15Ryanair to Offer Incentives as Profit Falls
04/30/201406:44:17Ryanair Buys 5 More Boeing 737-800 Aircraft
04/09/201412:31:15EUROPE MARKETS: European Shares Rise With Auto Stocks Driving...
04/09/201411:21:14EUROPE MARKETS: European Shares Gain With Auto Stocks In High...
04/09/201405:17:32EUROPE MARKETS: European Shares Gain; Volkswagen, Ryanair Upgraded
04/04/201412:35:48LONDON MARKETS: U.K. Stocks Gain; EasyJet Posts Traffic Growth
04/03/201417:12:35ADR Shares End Lower; Vodafone Shares Active
03/07/201418:36:23ADR Shares End Lower; Telecom Italia Shares Active
03/05/201416:00:12EU Reverses Plan on Aviation Carbon Charge
02/12/201413:40:04Norwegian Air Shuttle Gets Irish Air Operator's License

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