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Aer Lingus Set To Enjoy €40m Profits

Thu Oct 03, 2002 4:21 am

Looks like Aer Lingus are making a big turnaround.

Aer Lingus has enjoyed a massive turnaround in fortunes, moving into profit less than a year after major cuts, it emerged today.

Aer Lingus Chief Executive Willie Walsh confirmed the airline expects to turn a projected loss of 27m into a profit of up to 40m.

The online booking was hugely successful for Aer Lingus. 30% of total bookings are now through the Internet, according to Mr Walsh.

Aer Lingus plans to cut the cost of business travel to further improve business.

The company is also looking for an outside investor for the company.

Source is from http://breakingnews.iol.ie/news/story.asp?j=49284456&p=49z85y5z&n=49285251

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Joined: Sat Jan 22, 2000 3:49 am

RE: Aer Lingus Set To Enjoy €40m Profits

Thu Oct 03, 2002 4:33 am

Aer Lingus will also resume service to BWI. That's good news!
Posts: 9706
Joined: Wed Aug 18, 1999 5:49 am

RE: Aer Lingus Set To Enjoy €40m Profits

Thu Oct 03, 2002 4:46 am

The board has sanctioned a return to BWI, but only subject to certain conditions; I suspect this will include an amendment to the stopover, which will allow the route to be operate like ORD; i.e, SNN-DUB-BWI.

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