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Covid-19 Cost Aer Lingus €1bn in lost Profits and Cash Burn, Says Chief Executive

Covid-19 Cost Aer Lingus €1bn in lost Profits and Cash Burn, Says Chief Executive

More than 15 months of Covid-19 losses and wiped out profits have cost Aer Lingus around €1 billion, its chief executive, Lynne Embleton, estimated on Tuesday.

Addressing the Oireachtas Committee on Transport and Communications, Ms Embleton pointed out that Aer Lingus continued to lose €1 million a day in the face of Government pandemic travel curbs.

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Fionn Davenport is the editor-in-chief of the ITTN group, including ITTN and ITTN Ireland. He's one of Ireland's best-known travel journalists and writers, with nearly 30 years' experience writing guidebooks for Lonely Planet and others.

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