Profit & Loss

Profit & Loss: Emerald Airlines books heavy losses, while profits surge for TUI holidays

Revealing who is up and who is down as we go inside the world of Irish businesses

Conor McCarthy, chief executive, Emerald Airlines. Emerald, the operator of the Aer Lingus Regional route network, recorded heavy losses in its first full year of operation as an airline. Picture: Fran Veale/Julien Behal Photography

Emerald Airlines books €21m loss for its first year in business

Emerald Airlines, the operator of the Aer Lingus Regional route network, recorded heavy losses in its first full year of operation as an airline.

Accounts recently filed for the Irish aviation company show the business made a pre-tax loss of €21.4 million in 2022. This was an increase on the loss of €5.7 million in 2021 when the business was just setting up and ...