\"Aer

Aer Lingus expects to returnto profit on its US routes in 2011

Aer Lingus to return to profit on U.S. routes in 2011

\"Aer

Aer Lingus expects to returnto profit on its US routes in 2011

Aer Lingus expects its U.S. service to be back in profit as soon as next year, the airline's CEO has stated.

Christoph Mueller said that the recovery in the transatlantic service was "very fast," and that while a return to profit in 2010 was unlikely, 2011 was looking good.
 
U.S. passenger revenue had fallen 20 percent in 2009.

"For the full year we do not expect a profit on long haul because we still have the winter schedule, which was published last year, with all that extra capacity.

"However, we hope that the run rate on long haul with regard to profit contribution will be similar to short haul; so we have a fairly good chance to enter positive territory next year or as soon as Ireland comes out of the recession," he said.

Ironically, the ash crisis ended up having a positive effect on Aer Lingus's code-share with United Airlines.

"Load factors were very high, due mainly to the fact that it was nearly the only transatlantic service operating during the ash crisis, indeed we had to upgrade one of our aircraft during that time," he said.
 

COMMENTS

Log in with your social accounts:

Or, log in with your IrishCentral account:

Forgot your password ?

Don't have an account yet? Register now !

Join IrishCentral with your social accounts:


Already have an account ?

For Newsletter Subscribers – Draw for 1 Prize on December 31st.

Prize: Your Piece of Ireland – a Square of Land in the heart of the Glens of Antrim, Ireland

More details here (or you can buy a little piece of Ireland directly): http://bit.ly/1zew9ox

Terms & Conditions

Or, sign up for an IrishCentral account below:

By clicking above you are indicating that you have read & agree to our Terms and Privacy Policy.


Make sure we gathered the correct information from you

By clicking above you are indicating that you have read & agree to our Terms and Privacy Policy.


You already have an account on IrishCentral! Please confirm you're the owner.


Our new policy requires our users to save a first and last name. Please update your account: