5 APRIL 2010

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Article from BTNews 5 APRIL 2010

Aer Lingus continued "uncertainty"

AER LINGUS has beaten  its internal targets for the past three months, but is still unable to give full-year earnings guidance amid continued "uncertainty" over bookings later in the year.  The comment came as the Irish flag carrier presented its 2009 results.  The top-line figures were released by the accountants two weeks previously but the company delayed its presentation until all the unions signed up to a crucial cost-cutting deal.  New Chief Executive Christoph Mueller hinted at a better start to 2010, noting that trading so far this year was beating the 2009 numbers.  Last years loss was €130m was against €110 for 2008. The gamble of basing five aircraft at Gatwick clearly did not come off, the number reduced to three. www.aerlingus.com

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