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11/03/2009
Ryanair To Give Away Free Flights After Aer Lingus Losses
Ryanair have promised over 100,000 free flights as Aer Lingus announced pre-tax losses of almost €120million on Wednesday.
Ireland's second biggest airline reported an after-tax loss of €107.8 million. The company claimed "unprecedented high fuel prices" last year resulted in a 54% increase in fuel costs.
Aer Lingus Chief Executive Dermot Mannion said: "2008 was a year of exceptionally challenging trading conditions for the aviation industry as a whole.
"For Aer Lingus, falling consumer demand in key markets, a weakening dollar and sterling, and increased competition across the network combined to put sustained and significant pressure on our business throughout the year."
The news of the losses comes only days after their bitter rivals Ryanair announced an unprecedented new promotion on Monday, to give away 1,000 free seats for every €1million of after tax losses announced by Aer Lingus.
If the budget airline keeps to its word, Ryanair will release between 107,800 free seats for travel during the last week of March.
Ryanair said it was taking the initiative due to Aer Lingus's refusal to sell the airline.
Ryanair said the offer will be released on their website www.ryanair.com at 2.00pm on Wednesday 11th March.
(DW/BMcC)
Ireland's second biggest airline reported an after-tax loss of €107.8 million. The company claimed "unprecedented high fuel prices" last year resulted in a 54% increase in fuel costs.
Aer Lingus Chief Executive Dermot Mannion said: "2008 was a year of exceptionally challenging trading conditions for the aviation industry as a whole.
"For Aer Lingus, falling consumer demand in key markets, a weakening dollar and sterling, and increased competition across the network combined to put sustained and significant pressure on our business throughout the year."
The news of the losses comes only days after their bitter rivals Ryanair announced an unprecedented new promotion on Monday, to give away 1,000 free seats for every €1million of after tax losses announced by Aer Lingus.
If the budget airline keeps to its word, Ryanair will release between 107,800 free seats for travel during the last week of March.
Ryanair said it was taking the initiative due to Aer Lingus's refusal to sell the airline.
Ryanair said the offer will be released on their website www.ryanair.com at 2.00pm on Wednesday 11th March.
(DW/BMcC)
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09 March 2009
Ryanair Promise Free 1,000 Seats Per Million Lost By Aer Lingus
Ryanair have announced an unprecedented new promotion, which will see them give away 1,000 free seats for every €1million of after tax losses announced by their bitter rivals, Aer Lingus.
Ryanair Promise Free 1,000 Seats Per Million Lost By Aer Lingus
Ryanair have announced an unprecedented new promotion, which will see them give away 1,000 free seats for every €1million of after tax losses announced by their bitter rivals, Aer Lingus.
28 April 2009
Aer Lingus Announces Bigger Losses
The national airline, Aer Lingus has warned that its 2009 losses will be more extensive than were expected after the dramatic downturn in first quarter revenues. The news saw shares in Aer Lingus fall by as much as 20%. Ireland's second biggest airline made a loss of almost €120m in 2008 and said it was continuing with cost-cutting measures.
Aer Lingus Announces Bigger Losses
The national airline, Aer Lingus has warned that its 2009 losses will be more extensive than were expected after the dramatic downturn in first quarter revenues. The news saw shares in Aer Lingus fall by as much as 20%. Ireland's second biggest airline made a loss of almost €120m in 2008 and said it was continuing with cost-cutting measures.
17 January 2011
Arann Flies To Scotland With Aer Lingus
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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.
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.
09 December 2008
Aer Lingus Knuckles Down Over Ryanair Offer
Aer Lingus is fortifying its defences against the bold approach from Ryanair last week. The airline's Chief Executive Dermot Mannion has announced the recent union agreement will mean the loss predicted for the end of year could be turned around due to its expected €50 million in cuts.
Aer Lingus Knuckles Down Over Ryanair Offer
Aer Lingus is fortifying its defences against the bold approach from Ryanair last week. The airline's Chief Executive Dermot Mannion has announced the recent union agreement will mean the loss predicted for the end of year could be turned around due to its expected €50 million in cuts.
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