Aer Lingus profit drops 52% in 2012

Aer Lingus Airbus A321. Courtesy, Aer Lingus Aer Lingus reported a 2012 net profit of €34.1 million ($46.1 million), down 52% from €71.2 million in 2011. The Irish flag carrier said the results were affected by €26.5 million of exceptional items and that operating profit before exceptionals was up 40.7% at €69.1 million. Those exceptional items include the costs of defending itself against Ryanair’s third attempt to take over the airline. Passenger ...