Oneworld move could cost Aer Lingus

AER LINGUS could lose up to €50 million a year in revenues from its decision to pull out of the Oneworld airline alliance.

Aer Lingus was one of the earliest members of the alliance, which allows airlines to sell tickets on each others’ routes.

However, in May the company said it would exit the Oneworld as it focused more on increasing its own direct passenger base.