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Pre-Tax Profits Hit €270m At Aer Lingus

Published on Nov 28 2018 10:34 AM in General Industry tagged: Trending Posts / Aer Lingus

Pre-Tax Profits Hit €270m At Aer Lingus

Newly-filed accounts for Aer Lingus indicate that the airline's pre-tax profit rose from €226 million to €270 million in 2017, with passenger revenue amounting to just under €1.8 billion.

According to The Irish Independent, the airline paid a dividend of €200 million to its UK-based holding firm last year, which was the first time Aer Lingus has paid a dividend since it was acquired by IAG in 2015. The airline's UK-based holding firm subsequently paid a dividend of €125 million to IAG.

Directors' Pay

Additionally, the amount paid to Aer Lingus directors rose from €3.4 million in 2016 to €4.3 million last year.

© 2018 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

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