Aer Lingus A330-200. Photo: By Rob Finlayson. Aer Lingus reported a deepening of its first-quarter operating loss to €55.9 million ($78.9 million), reversed from negative EBIT of €37.9 million in the year-ago period, and warned that its €96 million cost-cutting plan might not be enough to keep the company out of the red. A net result was not supplied. “In light of the continued weakness of the Irish economy and pressures on non-controllable costs, we are ...

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