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aer lingus group plc-assd (AERA) Details

Aer Lingus Group plc, together with its subsidiaries, provides air travel services in the Ireland. The company offers passenger and cargo transportation services from Ireland to the United Kingdom, Europe, and the United States. It also provides insurance claims management services. As of December 31, 2014, the company operated a fleet of 50 aircraft. The company was founded in 1936 and is headquartered in Dublin, Ireland.

Founded in 1936

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aer lingus group plc-assd (AERA) Key Developments

Belfast International Airport Claims £20 Million in Lawsuit Filed against AER Lingus

AER Lingus allegedly switched airports in Northern Ireland in breach of a binding 10-year contract. Belfast International Airport (BIA) claims it had a decade-long arrangement to provide a base for three of the airline's planes. A judge was told at least £20 million in damages is being sought over the airline's decision to move to George Best Belfast City Airport midway through the disputed deal period. The case centers on Aer Lingus' decision in 2012 to quit BIA. At the time the carrier was mid-way through an alleged 10-year deal to fly from Aldergrove. But it switched to the City Airport to begin daily flights to London Heathrow and Gatwick.

Aer Lingus Group plc Reports Traffic Results for the Month and Year to Date Ended March 2015

Aer Lingus Group plc reported traffic results for the month and year to date ended March 2015. For the month, the company’s total passengers were 719,000 against 703,000 a year ago. Total revenue passenger kilometers were 1,123 million against 1,015 million a year ago. Available seat kilometers were 1,419 million against 1,358 million a year ago. Passenger load factor was 79.1% against 74.7% a year ago. For the year to date, the company’s total passengers were 1,818,000 against 1,833,000 a year ago. Total revenue passenger kilometers were 2,759 million against 2,559 million a year ago. Available seat kilometers were 3,787 million against 3,667 million a year ago. Passenger load factor was 72.9% against 69.8% a year ago. The short haul load factor improvement is reflective of the capacity reductions related to planned network adjustments to protect margins given seasonal demand conditions.

Civil Aviation Authority Launches Enforcement Action against Aer Lingus, Jet2 and Wizz Air

Aer Lingus, Jet2 and Wizz Air have not made changes to their policies requested by regulators despite extensive discussions, it is claimed. The civil aviation authority has announced it has launched enforcement action against the carriers and will seek a court order unless they comply. It comes after the CAA carried out a six-month review of airline policies in relation to supporting passengers during disruption, including their approaches to paying flight delay compensation and providing information to flyers about their rights.


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