Oireachtas Joint and Select Committees
Tuesday, 28 July 2020
Special Committee on Covid-19 Response
Covid-19: Impact on Aviation (resumed)
Mr. Sean Doyle:
For us, it would normally cover some 15% of our typical payroll costs, but considering that our payroll has reduced it contributes some 35%. This has been the case over the past three months.
It is helpful and we welcome it but it does not cover all our pay costs. In addition, it does not come near to covering the level of cash outflow we are seeing in the business over the course of the crisis. In reality, we welcome the extension but it does fall from €350 per eligible employee to €203. This means that the contribution to Aer Lingus will decrease in the winter.
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