Aer Lingus issues second profit warning
Aer Lingus became the second airline this week to issue a profit warning, with the Irish carrier blaming cabin crew strikes for putting passengers off booking flights on its planes this summer.
The shamrock-adorned airline said the impact of industrial action by staff, who are locked in a dispute about timetables with claims the current ones leave cabin crew exhausted, would knock up to €12 million (£9.7 million), or 20 per cent, off annual profits.
Strikes hit last month’s bank holiday but two further days of industrial action, planned for next week, have been deferred.
However, Aer Lingus said: “the threat of this strike has caused significant damage to forward bookings for several months into the future.”
It said 2014 profits will be 10 per cent to 2 per cent lower than last year and “the outcome will depend in part on the speed with which we can win back customer confidence”.
Lufthansa yesterday also blamed strikes by workers, as well as strong competition from Gulf carriers, for its latest profit warning. The German airline slashed its operating profit target for this year by as much as a third to €1 billion.
- 1 Sabina Altynbekova, the girl branded 'too good looking' for volleyball, says social media obsession with her is a 'bit much'
- 2 Disney heiress Abigail disowns her share of family profits in West Bank company
- 3 The secret report that helps Israel hide facts
- 4 Israel's propaganda machine is finally starting to misfire
- 5 'Hello mum, this is going to be hard for you to read ...'
Sally Farmiloe dead: Howards' Way actress, and former mistress of Jeffrey Archer, dies aged 60
Russell Brand accuses FOX News anchor Sean Hannity of terrorism after aggressive Israel-Gaza debate
Pope Francis issues top 10 tips for happiness – including don’t try to convert other people
Sabina Altynbekova, the girl branded 'too good looking' for volleyball, says social media obsession with her is a 'bit much'
Justin Bieber posts Instagram photo of Orlando Bloom crying after Ibiza fight 'over Miranda Kerr'
The secret report that helps Israel hide facts
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
A day in the life of Vladimir Putin: The dictator in his labyrinth
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
- < Previous
- Next >
iJobs Money & Business
£20000 - £24000 per annum: Harrington Starr: A leading provider of web based m...
£28000 - £32000 per annum: Ashdown Group: Secretary (Sales Team Support) - Mat...
Competitive (DOE): Guru Careers: We are looking for an Assistant Management Ac...
£600 - £700 per day + competitive: Orgtel: Senior Investment Accounting Change...