Aviation
Aer Lingus sends staff costs warning as airline posts €225m profit
The airline posted a fourfold increase in profits last year as it fully recovered from the worst impacts of the Covid-19 pandemic
Aer Lingus chief executive Lynne Embleton has warned staff costs need to be managed at the airline after it reported a fourfold increase in profits last year.
Announcing full year results for 2023 on Friday morning, the airline reported an operating profit of €225 million for last year, which was up almost 300 per cent on its 2022 performance.
Profit margins in the business more than tripled in 2023 to recover to a healthy 10 ...