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 ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.