Aer Lingus reports €107.8 million 2008 loss; Ryanair to make formal complaint

Aer Lingus posted a 2008 net loss of €107.8 million ($136.7 million), a sharp reversal from the €105.3 million earned the previous year, citing "exceptionally challenging trading conditions for the aviation industry as a whole." CEO Dermot Mannion said, "Falling consumer demand in key markets, a...

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