With most of their debts behind them and a new deal to continue as Aer Lingus Regional until 2020, Aer Arann is looking to the future with new routes.
The airline plans to double its passengers over the coming years with a 32% rise in numbers in 2012. It plans to grow with two new routes starting this summer to Manchester and Birmingham.
They will also expand their fleet adding 8 new planes over the next 11 months allowing the full fleet to operate by 2014.
Aer Lingus also took a 32% share of the company as part of the extension of the deal.