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Staring into the abyss, the airline has been slowly meandering to the corporate equivalent of the elephant graveyard. Its losses have been rapidly mounting and its cash pile has been dwindling, a double-edged sword that's been whetted by a rapid and dramatic...
Tags: Ireland, Dublin, Aer Lingus, Aer Arann, Business Finance, Low-cost airlines, Ryanair, Shannon Airport, United Airlines, Airline
The Irish airline Aer Lingus is facing possibly its worst funding crisis since it was first launched in 1936. Last week, the former state-owned carrier revealed that its revenues fell 10% in the last quarter, compared with the same period in 2008.
Tags: Aer Lingus, Ryanair, Mr O'Leary, Irish, South Africa, Cape Town, Airline, Michael O'Leary, Willie Walsh, Aer Arann, Dublin Airport, Business Finance
Budget airline easyJet has said that profits are down 65% on last year but added that it was one of the few carriers to make a surplus in the recession. EasyJet posted underlying pre-tax profits of £43.7 million for the year to September 30, compared...
Tags: million pounds, billion pounds, fuel cost, fuel price, easyjet profits, tough winter, United Kingdom, London, Pound sterling, Wolseley Motor Company, Numismatics, Wolseley, Business Finance, Ryanair, Ancillary revenue, Airline, Aer Lingus, London Gatwick Airport, Low-cost airlines, European Low Fares Airline Association, EasyJet, Stelios Haji-Ioannou, Low-cost carrier, EasyJet Switzerland, Fuel hedging, Malaysia Airlines, MarketWatch, Financial economics, Finance, Valuation
British Airways cabin crew begin strike ballot vote Industrial action would ground the airline's fleet over the Christmas period British Airways cabin crew will start the countdown towards a Christmas walkout tomorrow as voting begins on a strike ballot.
Tags: Iberia, cabin crew, strike ballot, British Airways, United Kingdom, London, Aer Lingus, Willie Walsh, Airline, Flight attendant, Malaysia Airlines, Iberia Airlines, Association of Asia Pacific Airlines, Labor, Business Finance, Unite the Union, London Borough of Hillingdon, Disaster Accident, Qantas, Air France-KLM, Low-cost carrier, London Heathrow Airport, British Caledonian in the 1980s, BMI
The Unite trade union threatened to deepen its industrial dispute with British Airways if the airline cuts more jobs following a £4.3bn merger with Iberia. The union, which launches a ballot for industrial action over cost-cutting measures next week...
Tags: BA-Iberia, ba chief, finnair pilots, iberia merger, chief executive, British Airways PLC, Willie Walsh, Aer Lingus, Finnair, executive willie, Spain, Madrid, Business Finance, Finncomm Airlines, Airline, Labor, Ryanair, British Airways, World's largest airlines, Low-cost airlines, Iberia Airlines, Oneworld, London Borough of Hillingdon, Pension, Social Issues, Association of Asia Pacific Airlines, London Heathrow Airport, Malaysia Airlines, Virgin Atlantic Airways, Lufthansa, Qantas
The passing of the Nama legislation through the Dáil and Seanad last night had an initial impact on bank shares, with AIB and Bank of Ireland showing some gains in early trading...The gains reversed by mid-morning, turning to a -1.5 per cent lost by 1.30pm.
Tags: Bookmaker Paddy Power, betting market, Ireland, Dublin, Aer Lingus, European Low Fares Airline Association, Ryanair, Irish Stock Exchange, Business Finance, Iberia Airlines, Trustee Savings Bank, Cent, Low-cost airlines, Bookmakers, Paddy Power, Sports betting, Horse racing, Power, Gambling
Irish airline Aer Lingus said Friday that passengers carried fell 0.2% to 902,000 in October, with a 25.7% drop in long haul passengers offsetting a 3.3% increase in short-haul passengers. Load factor -- a measure of passengers to available seats -- in...
Tags: Aer Lingus
From The Sunday Times October 18, 2009 Rural rebellion on drink-drive limit Sarah McInerney A row is escalating in Fianna Fail over the Department of Transport’s plans to reduce the drink-driving limit. At least one backbencher is threatening to vote...
Tags: Aer Lingus, Noel Dempsey, Mr Dempsey, driving limit
Aer Lingus cabin staff at Shannon are to lose their jobs and the company is to remove the US base at the airport as part of its survival plan. Devastated workers wept at a meeting last night when new chief executive Christoph Mueller said 102 positions...
Tags: Aer Lingus
Passengers could be hit by severe travel disruption after unions threatened "whatever means necessary" to stop the axeing of 676 jobs at the struggling airline, which employs 3,900 workers. Senior Aer Lingus executives yesterday unveiled draconian plans...
Tags: Aer Lingus, Fujitsu