Aer Lingus: Business Travel and Brexit Vote

aer lingus: This comes on top of a €148m currency hit in the second quarter, according to The Guardian. Bookings also suffered because of the Brexit vote, especially for business travel. IAG, which also owns Vueling, Iberia and Aer Lingus, had a bumpy ride in the third quarter as profit took a €162m hit from the pound tumble and air traffic control strikes, which led to repeated flight cancellations. Facebook Twitter Pinterest Willie Walsh, the IAG chief executive, said operating profit was expected to be about €2.5bn for this year. The vote to exit also created volatility in the foreign exchange markets. Photograph: Niall Carson/PA The IAG chief executive, Willie Walsh, said: The group experienced weak trading conditions in June leading up to and following the vote, with an emphasis in premium cabins. (news.financializer.com). As reported in the news.