Resurgent long-haul traffic coupled with heavy cost cuts have helped Aer Lingus slash pre-tax losses in the first half of 2010. The Irish carrier also expects to break even by the end of the year.
Low-cost airline Ryanair has lost the latest round in its ongoing battle to acquire rival Irish carrier Aer Lingus. Despite the setback, Ryanair was able to claim a partial victory, with the EU General Court upholding a Commission ruling stating the airline will not be forced to divest its 29.8 shareholding in Aer Lingus.
Aer Arann and Aer Lingus have announced the addition of new services between Manchester and Cork in the latest development of the franchise agreement between the two airlines.
The Aer Lingus route between Dublin and Rennes will be opened this Saturday.
Passengers were heading to Ireland and onwards as new flights take off from Robin Hood Airport Doncaster Sheffield to Dublin.
Aer Lingus has confirmed it will complete a comprehensive review of its services from Dublin and Shannon airports within four weeks, following ministerial questions over the future of the airline.
Troubles at Aer Lingus have deepened after the former Irish flag carrier warned that operating losses quadrupled to €81 million last year due to a collapse in fares.
Aer Lingus has unveiled a new business model in an attempt to drag itself out of the financial mire. The former state carrier is now branding itself “Ireland’s civilised airline” as part of a plan to reposition itself midway between low-cost Ryanair and full-service carriers such as British Airways.
EasyJet will partly fill the slots at Gatwick Airport which will be vacated by Aer Lingus later this year. The budget airline is adding three aircraft to its fleet at Gatwick but has not revealed where they will fly.
The crisis at Aer Lingus has deepened following a double whammy of bad news – the finance director has resigned, and talks with pilots over pay cuts have broken down.
Aer Lingus is threatening to shift its operations from Dublin to Gatwick and Belfast after talks to cut pilots’ wages broke down. The move would also result in hundreds of further compulsory redundancies at the struggling Irish carrier.
Aer Lingus is being forced to make further job cuts as well as suspend routes and aircraft following a breakdown in talks between management and crew.