News

Aer Lingus Trading Update

Aer Lingus Trading Update

This morning at 10.00am Aer Lingus will be holding an investor day for shareholders and equity analysts. No new financial information will be released other than the following trading update.

Yield per passenger for July and August 2011 increased by 4.6% compared to July/August 2010, and passenger volumes were up by 1.4%. Year to date passenger yields are 7.1% ahead of prior year and year to date passenger volumes have now stabilised compared to the same period in 2010.

Ancillary revenue per passenger increased by 5.1% compared to the same period in 2010 and is now in line with 2010 on a year to date basis.

The airline said: “This revenue performance, combined with the ongoing benefits of the Greenfield cost reduction programme, meant that Aer Lingus traded ahead of prior year in July and August. Yields and volumes in September are also ahead of prior year.”

Aer Lingus will announce its Q3 interim management statement on 3rd November 2011.

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NEIL STEEDMAN has been a trade journalist, editor and proofreader for 53 years, and ITTN's News & Features Editor for 43 years. His travel blog is at www.thetravelbuddhist.com.

More in News

Willie Walsh Appointed Deputy Chairman of CarTrawler

Neil SteedmanSeptember 29, 2020

G Adventures to Host ‘Retravel Live’ Virtual Event Series

Neil SteedmanSeptember 29, 2020

Travel Solutions Launches Lake Garda Programme Direct from Belfast

Neil SteedmanSeptember 29, 2020

London Travel Week Will Be Fully Virtual in 2020

Neil SteedmanSeptember 29, 2020

IATA Calls for Universal Testing to Rebuild Aviation Confidence

Neil SteedmanSeptember 29, 2020

UNWTO Launches New Tourism Recovery Tracker

Neil SteedmanSeptember 29, 2020

Emirates to resume flights to Johannesburg, Cape Town, Durban, Harare and Mauritius,

Michael FloodSeptember 29, 2020

ITAA Calls for Covid-19 Tests Before Flight Departures

Neil SteedmanSeptember 29, 2020

Royal Caribbean announces updates to 2021 Summer cruises

Michael FloodSeptember 29, 2020

Copyright © 2019 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland