Aer Lingus posts a 38% improvement in the first quarter: reduces loss to $47.2 million

Aer Lingus Group (Aer Lingus) (Dublin) reduced its first quarter loss by 38 percent to $47.2 million.

Highlights of the quarter according to the Irish carrier:

  • – Strong Q1 performance with revenues & operating loss both better than prior yr.
  • – Q1 2012 operating loss of €36.1 million improved by 32.8% on Q1 2011.
  • – Quarterly result driven primarily by strong revenue performance; yield per passenger up 8.4%; passenger numbers increased by 6.6%.
  • – Particularly strong long haul performance with Q1 passenger volumes and yield up 12.1% and 11.2%, respectively, compared to prior year.
  • – Retail revenue per passenger increased by 8.5% in the first quarter.

Read the analysis by the Irish Times: CLICK HERE

Copyright Photo: Brian McDonough.

Aer Lingus Slide Show: CLICK HERE

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About Bruce Drum

I have started the ultimate digital photo library of the fascinating world of airliners and airlines. The goal is to have the complete history of all airlines and the various aircraft operated. I have been photographing airplanes since 1965. Join us in this adventure.