Travelbiz E-Zine
28
July
2023

Aer Lingus recovery gathers momentum

#Traveltradetogether

Aer Lingus recorded an operating profit before exceptional items of €40 million for H1 2023, having delivered a very strong performance in Q2 2023. The positive H1 performance demonstrates an increased seasonality in the business with a Q1 operating loss of €81m being offset by a €121m operating profit in Q2. The Q2 operating profit demonstrates strong momentum as Aer Lingus builds towards the peak summer season in 2023.

The positive financial performance achieved by Aer Lingus in H1 2023, while still below pre-pandemic levels, allows us to continue the focus on repairing our balance sheet throughout the recovery phase and beyond which is needed to fund future investment.

The momentum achieved in the Q2 2023 financial performance was based on strong leisure performance on both our long haul and short haul network.  We have rebuilt our capacity to pre-pandemic levels, and expanded our transatlantic routes and frequency, offering the largest ever number of seats to North America in 2023. As part of our long haul programme we began operating a new route to Cleveland, Ohio and recommenced flying to Hartford, Connecticut.

Short haul to Europe also performed strongly during Quarter 2, with the sun destinations in high demand. While leisure travel has delivered strongly, business travel has not yet fully recovered, emphasising the key importance of the summer peak to the business.

We are particularly looking forward to the arrival of fans in huge numbers for the Aer Lingus College Football Classic match between Notre Dame and Navy which is taking place on Saturday 26 August 2023 in the Aviva Stadium. We expect more than 40,000 international travellers making it the largest ever movement of US citizens to another country for a major event.

Subscribe to our E-Zine

    More

    from latest edition

    Thailand Luxury Media Trip 2025
    23rd June 2025

    Thailand Luxury Media Trip 2025

    Starting a story with sadness might not make a lot of sense and may not encourage you to read further; however, when it’s tinged with a horror that eventually engendered courage, resilience and ...

    Read more
    Explora Journeys Unveils Exclusive Summer Special
    23rd June 2025

    Explora Journeys Unveils Exclusive Summer Special

    Explora Journeys, the luxury lifestyle ocean travel brand of the MSC Group, is delighted to announce a limited-time offer for all new bookings made between 23rd June and 15th July 2025. In respo...

    Read more
    Etihad Business Class is a real Touch of Class
    23rd June 2025

    Etihad Business Class is a real Touch of Class

    Travelbiz Business Class reporter Jacinta McGlynn brings you an Etihad B777 Business class experience from Thailand to Dublin.
    My recent flights with Etihad en route to TTM + 2025 (Thai Tr...

    Read more
    AmaWaterways 2026 Fly Cruise Pricing
    23rd June 2025

    AmaWaterways 2026 Fly Cruise Pricing

    Whilst 2025 is still buoyant we are hearing that 2026 interest is picking up which is great news. Below you will see some of our best prices so you can navigate what to promote in the coming wee...

    Read more
    Visit Lauderdale Made Waves at IPW 2025 with “Picture Perfect Paradise” Experience
    23rd June 2025

    Visit Lauderdale Made Waves at IPW 2025 with “Picture Perfect Paradise” Experience

    Visit Lauderdale, the official destination marketing organization for Greater Fort Lauderdale, captivated industry leaders and attendees at the U.S. Travel Association's IPW 2025, ,the leading i...

    Read more
    AmaWaterways reports more European agents creating group, part and full charter business
    23rd June 2025

    AmaWaterways reports more European agents creating group, part and full charter business

    AmaWaterways’ European office has seen its groups and charter sales rise by 145% for 2026 (versus sales at the same time last year, for 2025 departures) with more travel agents than ever choosin...

    Read more