Following a four-hour High Court hearing on Aer Arann’s future yesterday, a deal was brokered that allowed Justice Mary Finlay Geoghegan to give her approval in principle to the rescue plan.
Aer Arann will now fly to London Southend from Waterford and Galway from next March.
Aer Arann chief executive Paul Schutz said yesterday: “It’s been a very tough time for our staff,” he said. “We can get back to work now and get on with running a regional airline.”
Schutz said Aer Arann’s franchise deal with Aer Lingus continues to perform “ahead of expectations” and will go from five to seven aircraft next March. “It really is a rosy outlook for us at this stage,” he said.