Aer Lingus reports decreased Q2 profit amid market pressures and strikes

Aer Lingus’ operating profit for Q2 2024 was 92m, euros, down 29m euros versus Q2 2023. This Q2 result followed an operating loss of 82m euros in Q1 2024, taking the operating profit for H1 2024 to 9m euros. Results in Q2 2024 were impacted by market pressures across the Atlantic and the recent industrial action by pilots at the airline.

Competitors across the Atlantic increased their capacity into Ireland by 20% this summer, putting pressure on Aer Lingus’ long-haul revenues, particularly in the economy cabin.