Air Transport World

Aer Lingus. (Europe Report).(saw net profit of 35 .3 mil euros for 2002)(Brief Article)

Aer Lingus reported a net profit of [euro]35.3 million ($37.3 million) for 2002 after exceptional charges totaling [euro]25.7 million, representing a major improvement from the net loss of [euro]139.9 million after net exceptional charges of [euro]104.1 million in 2001. "We made good progress toward the goal of long-term sustainable profitability in 2002," CEO Willie Walsh said. "The key to this performance was the relentless and aggressive management of our costs. …

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