SIPTU has withdrawn its threat of strike action next week after its representatives from Aer Lingus and the Dublin Airport Authority accepted an invitation to talks from the Labour Relations Commission.

The union's members had planned to strike on Monday 1 October in a row over a €700m deficit in their joint pension scheme.

However yesterday LRC Chief Executive Kieran Mulvey intervened and invited SIPTU, Aer Lingus and DAA representatives to talks.

Speaking earlier today, Mr Mulvey said the implications of the row are extremely serious for all involved.

He said he understood the frustration of those involved, as the matter had been going on for a considerable period of time.

However, he said that eventually a solution would be found by getting around the table.