Irish flag carrier sees profits soar
Extensive cost-cutting Aer Lingus led to a doubling of profits last year.
The Irish airline made a pre-tax profit of €84.4m (£72m), up from €27.2m the previous year.
Revenues were up 6% to €1.3bn and the average income per passenger was up 4.8% to €112.27.
Aer Lingus said the results were better than anticipated at the start of 2011, primarily due to stronger yields.
It said the results demonstrated "the success of the changes we have made to our business".
Chief executive Christoph Mueller added that the higher profits had been achieved "against a difficult backdrop of non-controllable fuel price inflation, increased airport charges and challenging demand conditions in our primary markets".
The Irish government indicated last week that it plans to sell its 25% stake in the airline.
By Linsey McNeill
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.






























Global tourism exceeds 1.5 billion travelers announces UN-Tourism
Qatar Airways offers reduced timetable to over 60 destinations
WTTC global tourism reached record economic impact of 11 trillion in 2025
Hands In, UATP join forces for airline multi-card payments
Overseas travelers to the United States declined by 2.5% in 2025