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Aer Lingus returns to profit

7 March 2011

Irish airline Aer Lingus returned to profit in 2010 despite a 10% drop in passenger numbers but higher fuel prices mean that 2011 operating profit is likely to be lower.

The yield per passenger rose 12% to €107.12 each so there was a 1% increase in overall revenue to €1.22bn. A 10% fall in operating costs helped Aer Lingus swing from a loss of €154.8m to a pre-tax profit of €30.4m in 2010.

source: sharecast.com

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