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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

Aer Lingus Wins Case over Belfast Contract

A High Court judge has ruled that Aer Lingus is not under a 10-year contractual obligation to fly out of Belfast International Airport. The airline was being sued for £20 million in damages over its decision to quit Aldergrove and move its operation to the rival George Belfast Belfast City Airport in 2012. The carrier's departure came midway through an alleged 10-year deal to fly from Aldergrove. Legal action issued by BIA centred on the terms of an agreement said to have been reached back in June 2007. A further hearing on the manner of the airline's exit is expected to focus on the amount of notice given.

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

Aer Lingus Group plc reported traffic results for the month and year to date ended May 2015. For the month, the company’s total passengers were 956,000 against 924,000 a year ago. Total revenue passenger kilometers were 1,698 million against 1,590 million a year ago. Available seat kilometers were 2,111 million against 2,021 million a year ago. Passenger load factor was 80.4% against 78.7% a year ago. For the year to date, the company’s total passengers were 3,597,000 against 3,620,000 a year ago. Total revenue passenger kilometers were 5,812 million against 5,556 million a year ago. Available seat kilometers were 7,631 million against 7,544 million a year ago. Passenger load factor was 76.2% against 73.6% a year ago.

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.

 

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TEV/Sales 0.1x
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