Aer Lingus released its full 2009 financial results yesterday, three weeks after a preliminary announcement, and reported a €130.1 million ($175.2 million) loss that represented an 18.4% deterioration from the €109.9 million deficit suffered in 2008. Revenue fell 11% to €1.21 billion as ticket revenue dropped 13.6% to €992.7 million and ancillary revenue rose 16.2% to €173.9 million. Full-year costs were cut 6.4% to €1.29 billion and operating loss before exceptional items related to EI's ...

Subscribe to Access this Entire Article

"Aer Lingus fortunes continue to decline" 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?

Already registered? here.