Aer Lingus 'Dublin Money Machine' Is Breaking

Despite reporting a €282 million profit, Aer Lingus is undergoing severe contractions, including the closure of its Manchester base and job losses. This is driven by IAG's strict 12-15% operating margin mandate. Because Aer Lingus fell below this threshold, IAG is aggressively restructuring the airline and reallocating assets to more profitable subsidiaries to ensure corporate financial discipline.