Aer Lingus profits boost
A fall in oil prices and a rise in the number of passengers travelling longhaul has helped Aer Lingus continue its financial recovery.
As a result, the airline said profits for the full year would be ahead of the €61.1 million it made in 2013.
Today’s forecast is an improvement on the predication Aer Lingus made three months ago, when it said profits would be in line with last year.
Oil prices have fallen about 25% since June and in the three months to September the airline’s long-haul revenues rose 34% over the same period last year.
Short-haul revenues were up 5.5%.
The result was Aer Lingus’ strongest in the third-quarter since the financial crisis hit in 2008.
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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