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Your email address will not be published.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, copywriter, editor and proofreader for 52 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 42 years.

More in News

IMFT 2018 Shines a Light on Thailand’s Thriving MICE Scene

Fergal McAlindenOctober 17, 2018

Nordic Business Class Service Enhancements

Neil SteedmanOctober 17, 2018

Introducing the Traditional ‘Kahvikutsut’

Neil SteedmanOctober 17, 2018

Best-in-Market In-flight Internet Service

Neil SteedmanOctober 17, 2018

Meaningful Encounters – Finnair and Finavia

Neil SteedmanOctober 17, 2018

New A350 Route to Los Angeles in 2019

Neil SteedmanOctober 17, 2018

Finnair Team in Ireland

Neil SteedmanOctober 17, 2018

The Sky’s the Limit as Mount Charles Announces £30m BIA Contract Deal

Michael FloodOctober 16, 2018

Leah Quinn Wins a Trip with Qatar Airways

Michael FloodOctober 16, 2018

Copyright © 2016 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland