Aer Lingus profits look rosy but no word on sale

Irish airline Aer Lingus expects to post full-year operating profit of around €40m (£34.5m) and hopes to make progress in talks over a huge pension deficit early next year, its chief executive said yesterday. But it warned that higher fuel and airport charges would mean it would post a large operating loss in last three months of the year, compared to a year earlier. Chief exec Christoph Mueller said the Irish government is unlikely to sell its 25 per cent stake in Aer Lingus before 2012.