Aer Lingus Reports 41 Per Cent Spike In Operating Profit

Aer Lingus has announced a profit jump of 41 per cent during 2012, bringing its operating profits for the year to €69m. Aer Lingus flew 10.8 million passengers during the year, its highest-ever figure, representing an increase of 3.8 per cent on 2011. Average yield per passenger increased by seven per cent to €120. Christoph Mueller, Aer Lingus’ CEO, said: “We believe in our new business model. Our positioning at the centre of the market is allowing us take market share from the legacy carriers as well as the pure low-cost and regional carriers. I firmly believe that this result, representing our third consecutive year of profitability, validates our value carrier model and shows that our strategy is delivering a leaner, more efficient and profitable airline.”

TAGS: Europe
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