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Losses at Aer Lingus almost quadruple

Dublin : Ireland | 3 months ago  
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Losses at Ireland 's national carrier, Aer Lingus, have nearly quadrupled after the troubled airline warned of a permanent industry shift to lower fares. The International Air Transport Association indicated today that the worldwide decline in passenger numbers is stabilising, as traffic fell...
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  • News Source: The independent | 3 months ago
    Outlook Iata's claim yesterday that an air traffic recovery may have begun will no doubt be welcomed by the global airline industry, but there was precious little evidence of any turnaround in the results of Aer Lingus, which were published almost...
  • News Source: Times Online | 3 months ago
    Aer Lingus effectively invited Ryanair to make another bid for the ailing Irish airline after it reported a loss of €93 million (£82 million) for the first half — almost four times the figure for the same period last year. The airline has twice...
  • News Source: Xtra News | 3 months ago
    Irish airline Aer Lingus said Thursday that net losses more than tripled in the first half of 2009, as the global economic downturn curbed demand for air travel. Aer Lingus said in a results statement that it suffered a net loss of 73.9 million...
  • News Source: International Business Times | 3 months ago
    The former state airline has twice rejected bids from Europe's biggest low-cost carrier but Sean Coyle, Aer Lingus' chief financial officer, a former Ryanair executive, said he had "no idea" if Aer Lingus would resist a third approach. "Ryanair will...
  • News Source: Guardian Unlimited | 3 months ago
    Losses at Ireland 's national carrier, Aer Lingus, have nearly quadrupled after the troubled airline warned of a permanent industry shift to lower fares. The International Air Transport Association indicated today that the worldwide decline in...
  • News Source: The independent | 3 months ago
    Apart from a giant Swarovski-bejewelled Union Jack on show in Heathrow's Terminal 5 and a display of historical photographs, British Airways' 90th anniversary this week passed in relative obscurity. The Prime Minister provided the obligatory encomium...

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