Aer Lingus cuts losses and expects to break even despite difficult market

AER LINGUS expects to break even this year for the first time since 2007 as its losses reduce significantly.

For the six months to June 30, losses were €20.8 million, which marks a 74% improvement on the same period last year when the company recorded losses of €81.7m.

Its shares dived 4.3% yesterday to 89 cent. It also has plans to join an alliance in the coming years.