Aer Lingus says 2009 "3-figure" million loss possible

Thu Aug 28, 2008 8:36am BST
 
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DUBLIN (Reuters) - Irish airline Aer Lingus (AERL.I) expects a loss between 22 million and 30 million euros in 2008 and sees a "3-figure" million loss as possible for 2009, Chief Financial Officer Sean Coyle said on Thursday.

Aer Lingus (AERL.L) said earlier on Thursday that high costs threatened the long-term viability of its business. Coyle said the carrier would give details of planned cost cutting measures by the end of September.

(Reporting by Andras Gergely; Editing by Erica Billingham)

 
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