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Ryanair offer free seats for Aer Lingus losses

Friday 20 Mar 2009 6:54am

Irish budget airline Ryanair will announce on its website today the total number of seats it will offer for free accordsing to its pledge to offer 1,000 seats per 1 million Euros of after tax losses Aer Lingus will announce in its full year results today (11 March). Ryanair expects that its rival Aer Lingus will confirm after tax losses of between 100 million and 150 million Euros, which would make Ryanair's total number of free seats released 100,000 to 150,000. These free seats are for travel during the period 23 to 27 March 2009 on the 105 routes the airline operates to and from Dublin and Shannon airports. The airline claims that the free seats initiative is intended to highlight just how far Aer Lingus misled the markets and its shareholders in its Defence Document dated 22 December 2008. The Defence Document, which was published less than 10 weeks ago featured claims by Colm Barrington, Chairman of Aer Lingus, that: 'Despite these extremely challenging conditions we expect to achieve profit overall in 2008'.

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