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Aer Lingus' full-year results strong but guidance weak


Ireland’s Aer Lingus returned to profit in 2010 despite “adverse economic conditions at home”, the ash cloud crisis, severe winter weather and lower passenger numbers. CEO Christoph Mueller attributed the airline’s turnaround to its new business strategy and “greenfield” cost savings programme. The CEO, however, warned that profit levels achieved last year will be difficult to maintain in 2011. [1752 words]

Unlock the following content in this report:


  • Key metrics all trending in right direction
  • Shrinking into profitability
  • Fleet unchanged in the year, but A350s on the way
  • Cautious looking ahead, largely on cost concerns
  • Prices up at major airports
  • Oil prices a concern
  • Turnaround achieved despite adverse conditions

Graphs and data:

  • Aer Lingus revenue and operating costs 2004-2010
  • 2009-2010 turnaround
  • Aer Lingus passenger numbers and y-o-y growth¬†
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