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-   -   Aer Lingus reports €83m profit (https://www.pprune.org/airlines-airports-routes/121986-aer-lingus-reports-83m-profit.html)

FlyingV 9th Mar 2004 17:40

Aer Lingus reports €83m profit
 
Profits up 30%
Passengers up 6%
Load factor up to 81%

http://www.onbusiness.ie/2004/0309/aerlingus.html

loewy 9th Mar 2004 22:51

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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