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Aer Lingus reports €93m operating loss

Aer Lingus has reported an operating loss of €93m for the first half of this year.

The airline says total passenger numbers were up 1.7% to almost five million, but revenue was down 12% compared to the first six months of 2008.

Aer Lingus says the average fare paid by passengers in the first half of this was 17% lower than the same period last year, while fuel costs were up 10%.

It says it is taking action to make €65m worth of savings this year, but says the months ahead will be challenging and the outlook is uncertain.

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From Belfast Telegraph