Aer Lingus Confirms $13.9m Net Loss For H1 2015

Irish carrier Aer Lingus has posted a net loss of €12.6m ($13.9m) in the first half of 2015.

Despite making a net loss, the Dublin-headquartered airline’s revenues rose 7.4 per cent year-over-year to €749m ($821m) in H1.

Stephen Kavanagh, Aer Lingus’ CEO, who predicted healthier figures for the rest of the year, said: ““Both short- and long-haul capacity are set to expand into the peak season and we are very satisfied with forward yield and load-factor profiles at this time.”

The half-year results come as Aer Lingus is on the verge of being acquired by British Airways and Iberia owner International Airlines Group (IAG), with the deadline for accepting IAG’s offer due today (July 30).

TAGS: Europe
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