Aer Lingus reinstates FY2014 guidance

Aer Lingus reinstated (30-Jul-2014) its FY2014 guidance following the release of its 2Q2014 financial results. Aer Lingus stated: "Management believe that trading has recovered sufficiently to upgrade the full year guidance previously issued on 12 June 2014 when operating profit was expected to be 10% to 20% lower than 2013. Taking into account the success of Aer Lingus' efforts to re-build bookings and with the benefit of greater clarity over likely trading trends in the key July to September peak period, management now expect that full year 2014, before net exceptional items, will be at least in line with 2013 (i.e. €61.1 million)." [more - original PR]