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Aer Lingus reports 83m profit

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Aer Lingus reports 83m profit

Old 9th Mar 2004, 18:40
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Aer Lingus reports 83m profit

Profits up 30%
Passengers up 6%
Load factor up to 81%

http://www.onbusiness.ie/2004/0309/aerlingus.html
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Old 9th Mar 2004, 23:51
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Good for them !

That will give the executives a comfortable bonus while their staff continue to suffer from Willie's clumsy game of "who wants to be a low fares airline ?" - not to mention the passengers who have no service what so ever to look forward to anymore !

Every manager in her/his right mind knows that cost-cutting is not a sustainable turnaround strategy. This is a situation waiting to backfire at them...

BTW, a 6% increase in passengers is nothing to write home about and the increase in load factor is the result of route/frequency rationalisation.

Go Shamrock, go !

L
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