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aer lingus group-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

aer lingus group-assd (AERA) Top Compensated Officers

Chief Financial Officer and Director
Total Annual Compensation: €276.0K
Compensation as of Fiscal Year 2014.

aer lingus group-assd (AERA) Key Developments

Woman Set to Lose $1 Million Case against Aer Lingus

A woman suing Aer Lingus for $1 million after her engagement ring and other valuables were allegedly stolen from her luggage looks set to lose her case for compensation. A report commissioned by the US judge handling the civil action has recommended the case be dismissed. Lawyers for Aer Lingus have applied to have the case thrown out, alleging Sade Coppens had already accepted a cheque for just $1,682 (€1,532) as "full and final settlement" of her claim before filing the lawsuit. The company argued that this was the maximum sum allowed under the Montreal Convention, a set of international rules governing the compensation of airline passengers. The Dutch woman took the case against the company after the ring and other valuables, including camera equipment and SD cards containing photos of her children, went missing on a flight from New York to Amsterdam via Dublin.

Irish Government And Ryanair May Sell Aer Lingus

A Government decision on the sale of the State’s 25.1% stake in Aer Lingus Group plc (ISE:EIL1) to International Consolidated Airlines Group, S.A. (LSE:IAG) will have to wait at least until after May 21, 2015’s constitutional and byelection votes are out of the way. British to International Consolidated Airlines Group said that it is willing to pay €1.36 billion for Aer Lingus, once both the State and Ryanair Holdings plc (ISE:RY4B) agree to sell their respective stakes, which together amount to 54.9% of the Irish flag carrier. The Government is due to receive recommendations from Government officials and advisers who have been negotiating the terms of a possible sale of the State’s stake with International Consolidated Airlines Group representatives for several months.

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

Aer Lingus Group plc reported traffic results for the month and year to date ended April 2015. For the month, the company’s total passengers were 823,000 against 862,000 a year ago. Total revenue passenger kilometers were 1,356 million against 1,407 million a year ago. Available seat kilometers were 1,734 million against 1,857 million a year ago. Passenger load factor was 78.2% against 75.8% a year ago. For the year to date, the company’s total passengers were 2,641,000 against 2,695,000 a year ago. Total revenue passenger kilometers were 4,115 million against 3,967 million a year ago. Available seat kilometers were 5,521 million against 5,525 million a year ago. Passenger load factor was 74.5% against 71.8% a year ago.

 

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AERA Competitors

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Dart Group PLC 417.50 GBp -0.25
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Flight Centre Travel Group Ltd A$44.64 AUD -1.37
Norwegian Air Shuttle ASA 309.00 NOK +6.50
Pierre & Vacances SA €31.82 EUR -0.45
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TEV/Sales 0.1x
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