The Irish IAG group member Aer Lingus needs, according to company boss Lynne Embleton, "several hundred million euros in additional liquidity" to make ends meet. She does not expect that there will be a surge in demand in the next few weeks.

Ireland continues to practice restrictive entry and quarantine regulations. These are to be at least slightly relaxed from July 1, 2021, but not to an extent that would be comparable to other European countries. This is a serious problem for Aer Lingus, because the new base in Manchester was also closed due to the quarantine regulations there moved backwards.

The airline boss told the Belfast Times that Aer Lingus have lost around one billion euros since the beginning of the corona pandemic. “We want to restore our liquidity of a few hundred million euros. The exact numbers depend on where we can access liquidity from, the terms of that liquidity and, in fact, the number of days we continue to burn cash, ”said Embleton.

Reuters, citing unspecified sources, reports that negotiations with the government about another loan are underway. In the previous year around 150 million euros were granted. Aer Lingus cut many jobs in the wake of the pandemic. Among other things, the Shannon base closed.