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Fly Leasing reported to be considering a sale

Fly Leasing reported to be considering a sale

Irish aircraft financier hires Goldman Sachs to review its business

Wed Jan 06 2021 - 20:45
NTR buys €90m French wind farm

NTR buys €90m French wind farm

Power plant will produce enough electricity for 25,000 homes

Wed Jan 06 2021 - 13:54
Norwegian Air begins cutting its fleet ahead of restructuring

Norwegian Air begins cutting its fleet ahead of restructuring

Troubled carrier moves aircraft to Shannon in preparation for returning them to lessors

Wed Jan 06 2021 - 04:50
DAA International to run Red Sea airport

DAA International to run Red Sea airport

Irish company to manage gateway to luxury Saudi resort

Tue Jan 05 2021 - 12:44
‘Faster, cheaper’ UK landbridge will lure businesses - Irish Ferries boss

‘Faster, cheaper’ UK landbridge will lure businesses - Irish Ferries boss

Despite extra red tape, landbridge will remain preferable, Eamon Rothwell claims

Sat Jan 02 2021 - 04:28
Covid-19 precautions drive up costs at Dunnes Stores

Covid-19 precautions drive up costs at Dunnes Stores

Group’s businesses in Northern Ireland lost €1.1m in 2019

Fri Jan 01 2021 - 17:03
Aviation had a tough 2020 - and next year remains uncertain

Aviation had a tough 2020 - and next year remains uncertain

A key question now is: when does the industry start climbing out of this trough?

Wed Dec 30 2020 - 07:00
Brexit: Firms in Britain warn they will no longer supply goods to North

Brexit: Firms in Britain warn they will no longer supply goods to North

Some customers told they will have to bear carriage costs themselves

Wed Dec 23 2020 - 11:28
Aircraft repossessions could be on way as aviation crisis deepens

Aircraft repossessions could be on way as aviation crisis deepens

Four in 10 leased aircraft grounded as the pandemic continues to hit air travel

Wed Dec 23 2020 - 04:21
Ardale group sells door lock and handle-maker Basta for estimated €1m

Ardale group sells door lock and handle-maker Basta for estimated €1m

Developer Emma Maye’s Ardale group sells Basta to construction materials group Laydex Building Solutions

Mon Dec 21 2020 - 04:49
Kildare and Meath bodies link up to help businesses tackle Covid challenges

Kildare and Meath bodies link up to help businesses tackle Covid challenges

County Kildare Chamber, Meath Enterprise and Maynooth University come together to support local companies forced to change how they do business in the pandemic

Mon Dec 21 2020 - 04:47
Most Irish people willing to spend ‘a little more’ on local products

Most Irish people willing to spend ‘a little more’ on local products

Deloitte study finds that 44% of people still believe it is not safe to stay in a hotel, and 42% are holding off on taking a holiday

Mon Dec 21 2020 - 04:35
Ryanair and Aer Lingus will offer refunds on cancelled flights to UK

Ryanair and Aer Lingus will offer refunds on cancelled flights to UK

Aer Lingus has cancelled all flights from the UK to Ireland but some will operate in the other direction

Sun Dec 20 2020 - 19:47
Dublin Airport seeks to amend planning conditions for north runway

Dublin Airport seeks to amend planning conditions for north runway

Airport pledging not to use runway between midnight and 6am

Fri Dec 18 2020 - 18:38
Lessors seek details of Norwegian Air Shuttle’s planned fleet cuts

Lessors seek details of Norwegian Air Shuttle’s planned fleet cuts

Scandinavian group could offload some of its 140 aircraft amid restructuring

Fri Dec 18 2020 - 12:04
Over 15,000 businesses seeking €110m in Covid supports, says Donohoe

Over 15,000 businesses seeking €110m in Covid supports, says Donohoe

Minister says supports will be adjusted depending on how economy performs

Thu Dec 17 2020 - 21:43
Dublin and Cork airports will offer incentives to airlines next year

Dublin and Cork airports will offer incentives to airlines next year

DAA will tie discounts to number of passengers carried

Thu Dec 17 2020 - 21:40
Flutter to challenge $870m US court ruling over online poker games

Flutter to challenge $870m US court ruling over online poker games

Paddy Power owner indicates it is likely to appeal ruling by court in Kentucky

Thu Dec 17 2020 - 21:09
Boardroom shuffle for Kingspan as Peter Wilson to retire

Boardroom shuffle for Kingspan as Peter Wilson to retire

Building materials group has also created new head of compliance and certification role

Thu Dec 17 2020 - 20:38
Some 55,000 homeowners behind with mortgage repayments in September

Some 55,000 homeowners behind with mortgage repayments in September

By end of the month lenders had repossessed 801 private homes, down from 837 in June

Thu Dec 17 2020 - 13:02
Lockdowns leave Irish with extra €9bn to spend in 2021

Lockdowns leave Irish with extra €9bn to spend in 2021

Sharp fall in spending due to Covid-19 boosted savings to €25.5bn, says ESRI report

Thu Dec 17 2020 - 05:33
ESRI warns of 15% unemployment in 2021

ESRI warns of 15% unemployment in 2021

Call for cuts to supports, such as the PUP, to be tied to rate of economic recovery

Thu Dec 17 2020 - 05:33
Glenveagh plans to build 3,000 new homes

Glenveagh plans to build 3,000 new homes

€500m to be spent on six sites in Dublin, Cork, Kildare and Kilkenny

Thu Dec 17 2020 - 05:14
Kingspan boss tells staff it will take time to rebuild trust after Grenfell inquiry

Kingspan boss tells staff it will take time to rebuild trust after Grenfell inquiry

Inquiry heard insulation group had relied on results from flawed safety tests

Wed Dec 16 2020 - 17:28
Carechoice buys Cork nursing home for estimated €12m

Carechoice buys Cork nursing home for estimated €12m

Company confirms purchase of 73-bed Beaumont Residential Care home

Wed Dec 16 2020 - 04:56
Aer Lingus workers to discuss Manchester-US flights with management

Aer Lingus workers to discuss Manchester-US flights with management

Airline plans to fly to Boston, Florida and NY from northern England airport in 2021

Wed Dec 16 2020 - 04:29
Airport holiday traffic tumbles 10m amid coronavirus restrictions

Airport holiday traffic tumbles 10m amid coronavirus restrictions

Covid-19 wipes 87% off summer passenger numbers at Republic’s key gateways

Tue Dec 15 2020 - 13:46
Tipperary whiskey distillery opens with €750,000 local and EU funding

Tipperary whiskey distillery opens with €750,000 local and EU funding

Tipperary Boutique Distillery uses barley grown on own land and local water

Mon Dec 14 2020 - 04:57
Aer Lingus to move aircraft from Ireland to UK for US flights

Aer Lingus to move aircraft from Ireland to UK for US flights

Airline to fly from Manchester to Boston, New York and Orlando using jets normally based in Ireland

Fri Dec 11 2020 - 19:03
Christmas air passengers at Dublin and Cork expected to be nearly 90% down

Christmas air passengers at Dublin and Cork expected to be nearly 90% down

DAA gears up for quietest Christmas season in decades

Fri Dec 11 2020 - 12:01
Creditors in Scandinavia lodge claims of almost €170m against troubled airline Norwegian

Creditors in Scandinavia lodge claims of almost €170m against troubled airline Norwegian

Those owed are mainly suppliers and some have secured debts

Fri Dec 11 2020 - 04:10
Brexit anxiety takes toll on Irish bank and travel stocks

Brexit anxiety takes toll on Irish bank and travel stocks

Applegreen shares surge after founders and Blackstone reveal deal to take business private

Thu Dec 10 2020 - 19:05
ESB and Coillte plan to jointly build wind farms faces further scrutiny

ESB and Coillte plan to jointly build wind farms faces further scrutiny

Competition watchdogs to look again at €1bn deal between two companies

Thu Dec 10 2020 - 16:50
Air passengers should not have to pay more than €50 for Covid test, report says

Air passengers should not have to pay more than €50 for Covid test, report says

People arriving from EU, US and Canada do not have to self-isolate for two weeks if PCR test is negative

Wed Dec 09 2020 - 20:57
Norwegian Air secures court protection over €4.1bn debts

Norwegian Air secures court protection over €4.1bn debts

Creditors tell court they are neutral on airline’s attempt to restructure

Mon Dec 07 2020 - 13:45
Baby, it’s cold outside: Electricity consumption hits record high

Baby, it’s cold outside: Electricity consumption hits record high

Some 5,112 MW reached as cold weather, Christmas lights and data centres drive demand

Sat Dec 05 2020 - 05:55
Flutter announces success in €1.2bn placing

Flutter announces success in €1.2bn placing

Irish betting giant to buy minority shareholder Fastball Holdings out of its US business Fanduel for€3.4bn

Fri Dec 04 2020 - 17:32
Flutter to buy out US business in €3.4bn deal

Flutter to buy out US business in €3.4bn deal

Irish gambling giant to boost Fanduel stake to 95%

Thu Dec 03 2020 - 20:36
Norwegian Air proposes restructuring and share sale in bid to survive

Norwegian Air proposes restructuring and share sale in bid to survive

Pandemic has brought airline to brink of collapse

Thu Dec 03 2020 - 20:12
Nama’s ‘Project Nantes’ deal cost taxpayers €29m, Dáil Committee finds

Nama’s ‘Project Nantes’ deal cost taxpayers €29m, Dáil Committee finds

PAC report blames loss on Nama miscalculating price on sale of debts due from Quinlan

Thu Dec 03 2020 - 15:42
Hundreds of forestry licences issued since laws changed in October

Hundreds of forestry licences issued since laws changed in October

Department of Agriculture has granted 570 new permits , with thousands more in system

Wed Dec 02 2020 - 20:41
News of Pfizer vaccine approval in UK lifts markets

News of Pfizer vaccine approval in UK lifts markets

Shares in partner company BioNTech surged 5.6 per cent

Wed Dec 02 2020 - 20:29
Ryanair set to order ‘dozens’ of Boeing 737 Max planes at huge discounts

Ryanair set to order ‘dozens’ of Boeing 737 Max planes at huge discounts

Regulators have cleared aircraft, which was grounded for 20 months following crashes

Wed Dec 02 2020 - 19:32
Kingspan begins disciplinary procedures over Grenfell Tower inquiry

Kingspan begins disciplinary procedures over Grenfell Tower inquiry

Kingspan staff give evidence to inquiry into cause of fire that killed 72 people in 2017

Wed Dec 02 2020 - 05:15
Wirecard: Gardaí investigate alleged €400m fraud at Irish arm

Wirecard: Gardaí investigate alleged €400m fraud at Irish arm

Garda bureau investigating whether escrow account ever actually existed

Tue Dec 01 2020 - 05:23
Oil could flow from Barryroe within three years

Oil could flow from Barryroe within three years

Providence signs development deal for reservoir off Co Cork with Norway’s Spoton

Mon Nov 30 2020 - 16:49
Alleged €400m fraud leaves Wirecard’s Irish firm unable to pay debts

Alleged €400m fraud leaves Wirecard’s Irish firm unable to pay debts

Liquidators appointed as gardaí investigate whether escrow account actually existed

Mon Nov 30 2020 - 11:46
Boeing seeks dismissal of Norwegian Air’s €1bn lawsuit over Max aircraft

Boeing seeks dismissal of Norwegian Air’s €1bn lawsuit over Max aircraft

Norwegian Air Shuttle, and five Irish-based subsidiaries, that own much of its aircraft, last week received interim protection from creditors from the High Court in Dublin

Mon Nov 23 2020 - 17:42
Norwegian Air’s Irish subsidiaries subject to legal action

Norwegian Air’s Irish subsidiaries subject to legal action

Creditors took or threatened action against two companies before court protection granted

Mon Nov 23 2020 - 04:32
Liquidating Norwegian Air Shuttle would leave €6bn deficit

Liquidating Norwegian Air Shuttle would leave €6bn deficit

Court documents show winding up company would wipe out most of its assets

Sat Nov 21 2020 - 06:00
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