- City Fajr Shuruq Duhr Asr Magrib Isha
- Dubai 04:20 05:42 12:28 15:53 19:08 20:30
Aer Lingus is reeling from worst year on record. (AFP)
Operating losses at Aer Lingus quadrupled in 2009, according to an unaudited trading update issued after the Irish airline postponed publishing full results in a standoff with staff over cost-cutting measures.
Aer Lingus, which has fended off two hostile bids by Irish rival Ryanair, is reeling from aviation's worst year on record and saw its operating loss rise to €81 million (Dh405m) from €20m in 2008.
Total revenue at the airline declined 11 per cent to €1.2 billion as ancillary revenues – fees charged for services such as checking bags – helped cushion reduced passenger fares and cargo revenues.
Total passengers for the year rose 3.8 per cent to 10.4 million – less than a sixth of the number carried by Ryanair.
Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.
Follow Emirates 24|7 on Google News.