Aer Lingus launches savings program as fares, revenue continue to fall

[NM]

From ATW Daily News:

Aer Lingus's third-quarter revenue fell 9.7% year-over-year on a 17.6% drop in average fare, it announced yesterday, adding that it has launched the "first phase" of a restructuring aimed at "reduc[ing] any costs within our control so that we can cope with continued falling fares, compete and maintain balance sheet strength."