The airline said it is experiencing increased seasonality in the business and continuing high fuel prices
The peak summer performance culminated in the arrival of over 40,000 US visitors in August for the Aer Lingus College Football Classic game between Notre Dame and Navy.
However, the €236 million operating profit before exceptional items the airline has generated in the year to date is still lagging the €247 million it made in the first nine months of 2019. IAG said it has now secured wage agreements with most of its employee groups, including all Iberia teams and cabin crew at Aer Lingus, British Airways and Vueling.
She said the performance allows Aer Lingus to continue to focus on repairing the airline’s balance sheet which is “key to funding future investment”. That increased short haul capacity performed “very well” in the third quarter with Mediterranean sun destinations and destinations such as Northern Spain, Greek Islands and Croatia all in “high demand”.
Transatlantic routes and frequency were expanded to meet increased North American passenger demand for both Irish and European destinations, underpinning the airline’s Dublin hub strategy.
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