General Industry

Aer Lingus Profits Up 40% In First Half Of 2017

By Publications Checkout
Aer Lingus Profits Up 40% In First Half Of 2017

Aer Lingus parent company International Airlines Group (IAG) has released new results revealing that the airline's profits rose by 40% to almost €60 million during the first half of 2017.

As reported by The Irish Times, the statistics illustrate that IAG's operating profits increased 13.8% to €898 million during the six month period to the end of June, with Aer Lingus increasing revenues by 6.6% to €839 million.

However, despite the favorable results, IAG chief executive Willie Walsh declared his dissatisfaction with how Dublin Airport has been performing in a number of areas, including baggage and airplane parking.

IAG, which also owns airlines British Airways, Iberia, Vueling and Level, posted an operating profit of €805 million for the second quarter of 2017, represent a €250 million increase from 2016's €555 million.