IAG numbers show Aer Lingus off to flier

Aer Lingus generated operating profits of €45m in its first month under new ownership and contributed €262m in revenues to new owner, IAG, in that time.

As part of its financial results, for the nine months to the end of September, IAG yesterday included early figures for Aer Lingus, from the date it finally concluded the acquisition of the Irish carrier — August 18 — to the end of September.

On an overall group basis, IAG (which also owns British Airways, Iberia and low fares Spanish carrier, Vueling) reported a 13% year-on-year jump in total revenues, for the period, to €17.1bn, with net profit soaring by 70% to almost €1.2bn.