18/06/2010

Aer Lingus Flies (A Little) Higher

The Irish flag-carrier Aer Lingus has enjoyed a better performance in April and May this year than last.

It exceeded its performance in the same period last year, the airline said today with lower fuel costs, the launch of the Aer Lingus regional franchise and the code-share with United Airline contributing to the performance.

This was despite the fact that Aer Lingus did not operate all of its scheduled flights on a total of 18 days in April and May 2010, because of the periodic closure of Northern European airspace due to volcanic ash from Iceland.

But, load factors in April and May were also higher than in the previous year, the airline said.

The airline predicted a modest decrease in short haul bookings for the summer months, although it said it was satisfied with the forward booking profile for long haul operations.

The airline's liquidity position remains "extremely robust" an official statement said, and it has the balance sheet strength to sustain any continuing challenges in the current operating environment.

(BMcC/GK)

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