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Aer Lingus made €282 million in profit last year.

Apparently, that still wasn’t enough.

Its parent company, IAG—the group behind British Airways, Iberia, and Vueling—has ordered Aer Lingus to slash up to 500 jobs, cut several transatlantic routes, and reduce its fleet because the airline fell just short of IAG’s target profit margin.

Aer Lingus posted an operating margin of around 11%, which is already higher than many major airlines. But IAG wants every airline in the group to reach 12% to 15% before unlocking more investment.

That means routes from Dublin to Denver, Las Vegas, and Minneapolis will disappear, Seattle will become seasonal, and hundreds of employees could lose their jobs—even though the airline just delivered one of the strongest financial performances in its history.

Supporters say IAG is simply doing what public companies are supposed to do: maximize returns for shareholders.

Critics argue it’s a perfect example of corporate greed—cutting jobs and flights despite already making hundreds of millions in profit.

If a company earns €282 million in a year, is it reasonable to demand even more—or is this taking profit too far?

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