All Aer Lingus articles – Page 4
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NewsAer Lingus secures €150m loan from Irish state recovery fund
Irish carrier Aer Lingus has tapped a state-backed pandemic recovery fund to secure €150 million ($180 million) in debt funding. The capital has been secured from the Ireland Strategic Investment Fund’s (ISIF) €2 billion Pandemic Stabilisation and Recovery Fund, which the country’s finance ministry established last year to support struggling ...
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NewsRegional jets will be ‘tactical weapon’ in airline recovery: CityJet chief
Regional jets are likely to become an important tool for Europe’s mainline carriers as the recovery from the Covid-19 crisis begins, according CityJet chief executive Pat Byrne.
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NewsUS DOT approves Aer Lingus to join transatlantic venture
The US Department of Transportation has granted antitrust immunity for Dublin-based Aer Lingus to join an existing transatlantic joint venture between Oneworld member carriers American Airlines, British Airways, Level, Iberia, and Finnair, finalising tentative approval granted in November. This approval by the DOT gives Aer Lingus the ability to integrate ...
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NewsDOT clears Aer Lingus’ entry into transatlantic joint venture
The US Department of Transportation (DOT) has tentatively approved Aer Lingus’ entry to an existing joint business that includes American Airlines, British Airways, Iberia and Finnair.
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NewsStobart Group still plans airline exit despite Aer Lingus franchise setback
Stobart Group still intends to divest its regional operator Stobart Air by the end of the financial year, despite Irish carrier Aer Lingus’s deciding not to renew a franchise agreement with the company. Aer Lingus has been using Stobart Air for regional connections for several years and Stobart Group had ...
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NewsBritish Airways parent IAG takes €275m charge for staff cuts
IAG has recorded exceptional charges of €275 million ($321 million) in the third quarter relating to staff restructuring at British Airways and Aer Lingus. The parent company says the restructuring corresponds to a reduction of 10,000 in employee numbers, of whom over 9,000 had left by the end of September. ...
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NewsCapacity ‘will go elsewhere’ if travel restrictions remain: Ryanair chief
The chief executive of Ryanair’s mainline operation has warned the Irish government that the carrier is able to place its aircraft elsewhere in Europe, as he lamented the country’s current restrictions on international travel. Noting that Ireland does not have a state-owned flag carrier, Eddie Wilson states on Ryanair’s new ...
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NewsBritish Airways chief Alex Cruz to step down, succeeded by Aer Lingus head Doyle
British Airways chief executive Alex Cruz is to step down from his position, after four years, to be succeeded by Aer Lingus chief Sean Doyle. Parent company IAG states that the change is part of a management reshuffle that takes place “with immediate effect”, but has not elaborated on the ...
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NewsCrisis spurs competition regulator to prolong Oneworld transatlantic pact
UK competition regulators have imposed interim measures to address concerns over transatlantic routes operated under the Oneworld alliance’s joint business arrangement, having opted not to accept concession proposals put forward earlier this year. Oneworld carriers British Airways and American Airlines had offered slots at London Heathrow or Gatwick to alleviate ...
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NewsWalsh hands over IAG reins – and challenges – to Gallego
Willie Walsh signed off as chief executive of British Airways and Iberia parent IAG during the group’s AGM today, while also confirming he is leaving the aviation industry after a four-decade career.
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NewsAer Lingus staff to vote on new labour deal
Aer Lingus staff represented by the SIPTU union are to be balloted after a deal was reached on new pay and conditions at the Irish carrier.
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NewsAer Lingus set to cut up to 500 jobs
Irish carrier Aer Lingus is warning it expects to cut up to 500 jobs citing the ‘catastrophic effect’ the coronavirus crisis having on the aviation industry.
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NewsWalsh to step down in September as IAG eyes ‘meaningful’ return in July
IAG chief executive Willie Walsh will step down in September as the British Airways and Iberia parent aims for a “meaningful” return of services in July. Walsh, who has led the group since is inception, was originally due to step down in March but delayed the move as the coronavirus ...
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Airline BusinessWhy airline CEOs should think counter-intuitively during a crisis
Airline chief executives need to act swiftly during the coronavirus crisis, but should also remember that counter-intuitive actions might lead to better outcomes – particularly when it comes to short-term hits to the balance sheet. Those were among the key messages heard during the FlightGlobal webinar Airline chiefs on surviving ...
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NewsIAG to accelerate retirement of older BA and Iberia aircraft
British Airways and Iberia parent IAG is considering accelerating the retirement of older aircraft in the fleet – including some Boeing 747-400s and Airbus A340-600s – as part of the capacity-reduction measures being introduced to deal with the coronavirus outbreak. Speaking during a 16 March briefing, IAG chief executive Willie ...
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NewsAer Lingus revealed as customer for two more A330s
Aer Lingus has emerged as a customer for two more Airbus A330-300s, analysis of the airframer’s latest backlog figures has revealed.
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NewsAer Lingus A320 and the Irish Air Corps take to the skies
The planes flew in formation at the 2019 Bray Air Display in Ireland.
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IAG chief labels A321 delays 'unacceptable'
IAG chief executive Willie Walsh has described as "unacceptable" the Airbus A321 delivery delays that forced Aer Lingus to postpone the launch of a Montreal service.
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NewsAer Lingus takes first A321LR
Aer Lingus has received its first Airbus A321LR, one of eight of the long-range twinjet type being delivered to the IAG-owned operator.
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NewsIAG chief predicts more airline failures in 'tough' 2019
IAG chief executive Willie Walsh expects further European airline bankruptcies in 2019 amid "stubbornly" high fuel prices and competitive pressures in what is likely to a "tough" year for the sector.