Warning that it expects a "continuation of the current market trends," Aer Lingus yesterday reported a €73.9 million ($105.5 million) loss in the first semester of 2009, widened more than threefold from the €21.6 million lost in the year-ago period. "While traffic volumes have stabilized, average fare yields continue to be significantly down year-on-year. Forward visibility on revenue expectations remains poor. Therefore, ongoing significant cost reduction remains critical to ...

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