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 Qataris pledge to expand Canary Wharf
- 2 #JeSuisEd: People share photos of themselves eating awkwardly in solidarity with Labour leader
- 3 Women think Irish men are the sexiest, survey finds
- 4 Florida couple forced to register as sex offenders for having sex on public beach
- 5 Watch eerie drone footage of destroyed building in Stalingrad
#JeSuisEd: People share photos of themselves eating awkwardly in solidarity with Labour leader
Florida couple forced to register as sex offenders for having sex on public beach
General election 2015: 'Nasty party' Ukip faces fresh questions over candidates on eve of vote
Who should I vote for in the general election? Take The Independent's interactive quiz to find out which party is the right choice for you
Ohio 'Shawshank Redemption' fugitive Frank Freshwater arrested after 56 years on the run
In defence of liberal democracy
General Election 2015: Post-election 'shambles' looms as 70 per cent of voters say SNP 'should not be able to veto UK government policies'
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
General election live: SNP suspends two members for disrupting Labour rally
General Election 2015: Sturgeon claims Scots 'appalled' by Ed Miliband's refusal to work with SNP
iJobs Money & Business
£60000 - £70000 per annum + benefits : Ashdown Group: A highly successful, glo...
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...
£27 - 35k + Bonus + Benefits: Guru Careers: A Management Accountant is needed ...
£40-50k + Benefits.: Guru Careers: A Project Manager / Business Analyst is nee...