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26/01/2010
Aer Lingus Announces €40 million Savings
The troubled Aer Lingus has announced that savings of up to €50m will be made this year while projecting €47m for next year from its restructuring plan.
In a statement released today the airline also said it anticipated lower fuel costs will contribute to off setting the effects of recession and reduced capacity on longhaul flights.
The part state owned carrier also said it was expanding into currently un-served short-haul markets, partly with the help of a new franchise arrangement with Aer Arann.
Also today, the airline announced the appointment of two non-executive directors with immediate effect.
The appointment of Montie Brewer and Nicola Shaware to the board are said to be "part of Aer Lingus' ongoing commitment to best corporate practice " according to a spokesman this morning.
Montie Brewer is said to be "an airline veteran and a recognised industry innovator in airline pricing, sales and distribution strategies. Most recently he was President and CEO of Air Canada, where he successfully implemented many of the changes that are currently underway at Aer Lingus."
Meanwhile, Nicola Shaw is the Director of Bus - UK, Ireland and Germany for FirstGroup plc. She also previously worked in senior positions in both the UK Strategic Rail Authority and the Office of the Rail Regulator. She was also a transport consultant with Bechtel and Halcrow Fox and holds a BA in Modern History and Economics from Oxford University and an MSc in Transport from MIT.
Commenting on the appointments, Colm Barrington, Aer Lingus Chairman, said: "We are delighted to welcome Montie Brewer and Nicola Shaw to our board. Their knowledge, expertise and experience of the airline and transport sectors globally will make a major contribution to our board and to defining and implementing the changes required for the future success of Aer Lingus."
(DW/GK)
In a statement released today the airline also said it anticipated lower fuel costs will contribute to off setting the effects of recession and reduced capacity on longhaul flights.
The part state owned carrier also said it was expanding into currently un-served short-haul markets, partly with the help of a new franchise arrangement with Aer Arann.
Also today, the airline announced the appointment of two non-executive directors with immediate effect.
The appointment of Montie Brewer and Nicola Shaware to the board are said to be "part of Aer Lingus' ongoing commitment to best corporate practice " according to a spokesman this morning.
Montie Brewer is said to be "an airline veteran and a recognised industry innovator in airline pricing, sales and distribution strategies. Most recently he was President and CEO of Air Canada, where he successfully implemented many of the changes that are currently underway at Aer Lingus."
Meanwhile, Nicola Shaw is the Director of Bus - UK, Ireland and Germany for FirstGroup plc. She also previously worked in senior positions in both the UK Strategic Rail Authority and the Office of the Rail Regulator. She was also a transport consultant with Bechtel and Halcrow Fox and holds a BA in Modern History and Economics from Oxford University and an MSc in Transport from MIT.
Commenting on the appointments, Colm Barrington, Aer Lingus Chairman, said: "We are delighted to welcome Montie Brewer and Nicola Shaw to our board. Their knowledge, expertise and experience of the airline and transport sectors globally will make a major contribution to our board and to defining and implementing the changes required for the future success of Aer Lingus."
(DW/GK)
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06 March 2009
Aer Lingus Reports Fall In Flyer Numbers
Aer Lingus has reported its passenger numbers were down 8.4% last month compared to February of last year. The company says it carried 688,000 passengers during the month with passenger numbers on short-haul routes down 8% to 620,0000. Meanwhile the figure for long-haul services was down 11.7% to 68,000.
Aer Lingus Reports Fall In Flyer Numbers
Aer Lingus has reported its passenger numbers were down 8.4% last month compared to February of last year. The company says it carried 688,000 passengers during the month with passenger numbers on short-haul routes down 8% to 620,0000. Meanwhile the figure for long-haul services was down 11.7% to 68,000.
03 July 2008
Ryanair's Aer Lingus Stake 'Takes Off'
Ryanair has again raised its stake in Aer Lingus, brining its ownership to almost 30%. The budget airline last night announced a 3.5 million shares transaction, creating a 29.82% share, brining total share holdings to 159,231,025.
Ryanair's Aer Lingus Stake 'Takes Off'
Ryanair has again raised its stake in Aer Lingus, brining its ownership to almost 30%. The budget airline last night announced a 3.5 million shares transaction, creating a 29.82% share, brining total share holdings to 159,231,025.
07 December 2007
Closure Call Is An Accolade Says Aviation Regulator
An official Government-backed regulator has said demands to close down the organisation prove that it is doing a good job and is protecting the public.
Closure Call Is An Accolade Says Aviation Regulator
An official Government-backed regulator has said demands to close down the organisation prove that it is doing a good job and is protecting the public.
05 November 2012
Aer Arann To Suspend Services From Waterford Airport
Aer Arann, operating as Aer Lingus Regional, is to suspend its services at Waterford Airport with effect from 6 January, 2013. The routes affected will be Aer Lingus Regional services from Waterford Airport to London Southend, London Luton and Manchester. The airline will continue to operate as normal from Waterford up to 6 January, 2013.
Aer Arann To Suspend Services From Waterford Airport
Aer Arann, operating as Aer Lingus Regional, is to suspend its services at Waterford Airport with effect from 6 January, 2013. The routes affected will be Aer Lingus Regional services from Waterford Airport to London Southend, London Luton and Manchester. The airline will continue to operate as normal from Waterford up to 6 January, 2013.
17 January 2011
Arann Flies To Scotland With Aer Lingus
Aer Lingus and Aer Arann have announced plans for a new route from Shannon to Edinburgh as part of the franchise agreement between the two airlines. From 27 March, Aer Lingus Regional, operated by Aer Arann, will provide flights to Shannon from Edinburgh five days a week.
Arann Flies To Scotland With Aer Lingus
Aer Lingus and Aer Arann have announced plans for a new route from Shannon to Edinburgh as part of the franchise agreement between the two airlines. From 27 March, Aer Lingus Regional, operated by Aer Arann, will provide flights to Shannon from Edinburgh five days a week.
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Ireland WeatherToday:A mainly dry although with a fair amount of cloud with only a few sunny intervals. Overnight fog patches lifting this morning. A few showers possible across Fermanagh. Light winds. Maximum temperature 7 °C.Tonight:Chance of one or two showers across the south at first this evening. Otherwise it will be a dry night with a few fog patches. Minimum temperature 4 °C.
