Aer Lingus announces H1 loss

Aer Lingus has reported a H1 net loss of €12.3 million, which is reduced from the €23.5 million net loss during H1 2013. H1 revenue was up 6% to €697.2 million, while fare revenue per seat rose 5.5% to €89.18. The carrier added up to 25% extra long-haul capacity in the second quarter, but this was more than accounted for by a 29.2% increase in RPKs. Aer Lingus spokesman Declan Kearney said: “If you look at what other carriers are saying about the North Atlantic routes, they believe the market is over-supplied. That’s not what we’re experiencing.” Aer Lingus has