Aer Lingus reports operating loss of 95m in first half
Jul 29, 2022, 7:35 am
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Aer Lingus reports operating loss of 95m in first half
Aer Lingus reports operating loss of 95m in first half
Aer Lingus has reported an operating loss of 95 million for the first six months of the year, despite returning to profit in the second quarter.The latest results from the airline show it recorded its first post-Covid profit of 15 million in the second quarter, as airlines returned to business in the aftermath of pandemic shutdowns.
Its operating loss narrowed to 95 million between January and June, down from 192 million during the same period last year.
Passenger revenue for the six month period reached 610 million, a significant improvement on the 33 million recorded during the first half of 2021.
Lynne Embleton, CEO of Aer Lingus said they are now operating at almost 90% of their 2019 capacity.
"We are seeing some good leisure demand, particularly in southern Europe and long-haul leisure - so we are building to having a good peak on leisure flying," she said on a conference call following the publication of their half year results.
The airline said it operated 99% of its scheduled flights in May and June, which it said "compares very favourably to the performance of other airline carriers."
Aer Lingus reports operating loss of 95m in first half (rte.ie)
