Aer Lingus say they 'engaged constructively' with pilots' union as talks break down

The transcript discusses the ongoing dispute between IALPA and the company over pay negotiations. Key issues include productivity, flexibility, and modernizing agreements. IALPA was unable to discuss these due to a lack of mandate. The Labour Court offered to mediate if both parties agreed. Talks have broken down, with IALPA reducing its demands, but the company insists on funding increases through work practice changes. The company has escalated the situation by denying privileges and threatening to terminate agreements.

What was the financial context mentioned regarding last year's profits?

What did the company insist upon renegotiating during the negotiations?