Aer Lingus has reported operating profits of €139m for the third quarter of 2024, down €57m from the same time last year. The airline posted operating profits of €148m for the nine months to the end of September, down from €236m the same time last ...

IAG said operating profits at the Irish airline totalled €148m in the three months from July to September, down from €236m in the same period last year

Aer Lingus has reported an operating profit of €139 million for the third quarter of this year. That is down €57 million on the same period last year. The airline - which is owned by IAG - is blaming the strike action by pilots over the summer, along with market pressures, particularly on its routes to and from America, for the downturn.

In the message, Embleton reportedly noted that Aer Lingus has the lowest profitability margin among the carriers of its parent IAG International Airlines Group which has affected the carrier's ability to pay off debts, reinvest in the business, and improve the customer experience.

Competitors across the Atlantic increased their capacity into Ireland by 20 per cent this summer, putting pressure on Aer Lingus’ long-haul revenues, particularly in the econ