Dermot Mannion succeeded Willie Walsh as chief executive of Aer Lingus on 8 August 2005. he departed the company on 6 April 2009. Mannion’s tenure was marked by the privatisation of the company. The former chief financial officer, Seán Coyle was recruited on 22 August 2008 and departed on 31 December 2009
Ryanair owns 29.82% of the equity; the State owns 25.11% and 12.47% of the equity is owned by employee share ownership participation. This leaves 32.6% of the equity in more dispersed ownership
| Year | Group Profit / (Loss) € | Mannion’s Remuneration € | Coyle’s Remuneration € |
| 2005 | 100,047,000 | 206,000 | |
| 2006 | -79,368,000 | 982,000 | |
| 2007 | 105,265,000 | 1,115,000 | |
| 2008 | -109,882,000 | 652,000 | 187,000 |
| 2009 | -130,081,000 | 764,000 | 875,000 |
| TOTAL | €-114,019,000 | €3,719,000 | €1,062,000 |
| Days’ Service | 1,337 | 496 |
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