Strike action will offset Aer Lingus’ revenue gains

Airline says April revenues were “substantially” ahead but warns on impact of strike

Aer Lingus said this morning that its revenues for April were "substantially ahead" of prior year and its operating result for the month was also "significantly ahead" of management's expectations. However, the airline warned that "the unwarranted 24 hour industrial action" by the IMPACT trade union "will offset the potential revenue gains".

The airline noted that its short-haul, long-haul and retail divisions performed strongly in April, even allowing for the lateness of Easter,

Describing the proposed strike action on May 30th as “deliberately timed to occur just before the seasonally important June bank holiday weekend” Aer Lingus it has “considerably damaged” its forward booking profile.

“ Management’s current assessment is that the adverse effect of the strike called for 30 May will offset the potential revenue gains which would otherwise have been realised by Aer Lingus.”

Fiona Reddan

Fiona Reddan

Fiona Reddan is a writer specialising in personal finance and is the Home & Design Editor of The Irish Times