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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
Aer Lingus seeks Manchester slots for transatlantic flights

Aer Lingus seeks Manchester slots for transatlantic flights

Airline considers launching flights from Britain to US next year

Fri Nov 20 2020 - 06:28
Aryzta chief executive Kevin Toland steps down

Aryzta chief executive Kevin Toland steps down

Shareholders have been agitating for an overhaul of Swiss-Irish baked goods firm

Thu Nov 19 2020 - 20:55
Norwegian Air subsidiaries secure court protection from creditors

Norwegian Air subsidiaries secure court protection from creditors

Kieran Wallace named interim examiner to five companies as airline struggles due to Covid

Wed Nov 18 2020 - 16:05
Value of Hibernia Reit’s properties falls 3.8% in six months

Value of Hibernia Reit’s properties falls 3.8% in six months

Irish property group, which develops and lets offices, posted loss €32.4m during the period

Tue Nov 17 2020 - 21:51
European markets retreat as vaccine optimism effect dissipates

European markets retreat as vaccine optimism effect dissipates

AIB sheds 2.04% to €1.298 but Bank of Ireland inches 0.77% up to €2.63

Tue Nov 17 2020 - 18:40
Central Bank warns insurers and banks on fitness and probity rules

Central Bank warns insurers and banks on fitness and probity rules

Reulations meant to ensure key staff meet ‘high standards of competence, honesty and integrity’

Tue Nov 17 2020 - 15:16
British power company targets Irish market for green energy

British power company targets Irish market for green energy

ITM creates hydrogen gas from water to be stored for use in transport and industry

Tue Nov 17 2020 - 05:20
Avolon seeks to make early repayment of $500m in debt

Avolon seeks to make early repayment of $500m in debt

Irish company is offering to buy back bonds that are due for repayment in 2022 and 2023

Mon Nov 16 2020 - 19:45
Covid test centres to open at Dublin Airport on Thursday

Covid test centres to open at Dublin Airport on Thursday

Prices for tests will range between €99 and €159

Mon Nov 16 2020 - 16:53
Developer revives plan for €10m Naas Shopping Centre

Developer revives plan for €10m Naas Shopping Centre

Abandoned boom-era project could create 850 jobs and may open to public in 2022

Mon Nov 16 2020 - 05:15
Proposed tourist VAT refund changes threaten 1,200 jobs, claims report

Proposed tourist VAT refund changes threaten 1,200 jobs, claims report

Economist Jim Power says scheme in Brexit legislation will risk the loss of €108m to business

Mon Nov 16 2020 - 04:58
EY expects economy to contract by 3.9% this year before rebound in 2021

EY expects economy to contract by 3.9% this year before rebound in 2021

Firm says 40% or workers here either lost job or required State support due to Covid-19 impact on economy

Mon Nov 16 2020 - 04:31
Aer Lingus poised to award regional contract to McCarthy’s Emerald Airlines

Aer Lingus poised to award regional contract to McCarthy’s Emerald Airlines

Current contract holder Stobart Air tells staff it has not been chosen as preferred bidder

Sun Nov 15 2020 - 15:59
State has paid €3.5bn so far in Covid-19 wage subsidies

State has paid €3.5bn so far in Covid-19 wage subsidies

Government supported 345,400 workers in 35,400 organisations in October

Fri Nov 13 2020 - 21:19
Nama reports €9m loss for first six months of year

Nama reports €9m loss for first six months of year

State agency making ‘every effort’ to mitigate financial impact of coronavirus

Fri Nov 13 2020 - 19:34
End of the line for Viking Splash Tours? Firm faces liquidation

End of the line for Viking Splash Tours? Firm faces liquidation

Companies behind business hope buyer can be found for ever-present sight on city streets

Fri Nov 13 2020 - 05:08
Cost of pre-flight Covid-19 tests hampers airline recovery, unions say

Cost of pre-flight Covid-19 tests hampers airline recovery, unions say

Choice of slow €150 ‘gold standard’ PCR compares with much faster €5 antigen test

Thu Nov 12 2020 - 16:10
Cork Airport opens pre-departure Covid-19 testing centre

Cork Airport opens pre-departure Covid-19 testing centre

Republic’s airports to provide Covid screening as part of EU aviation support scheme

Wed Nov 11 2020 - 20:23
Boylesports fined £2.8m over money-laundering risk assessment

Boylesports fined £2.8m over money-laundering risk assessment

British regulator adds conditions to licence after Irish bookmaker breached rules

Wed Nov 11 2020 - 19:55
Cork Airport to open Covid-19 test centre on Thursday

Cork Airport to open Covid-19 test centre on Thursday

Cost of private company’s test will start at €149 for virus screening

Wed Nov 11 2020 - 16:22
Covid leaves Knock Airport with €4m loss

Covid leaves Knock Airport with €4m loss

Government should open ‘air corridor’ with UK regions, says airport manager

Wed Nov 11 2020 - 16:15
Dublin Airport to get planning waiver to open Covid-19 testing centre

Dublin Airport to get planning waiver to open Covid-19 testing centre

Government pledges extra €48m in aid to airports next year, bringing the total committed to them for 2021 to €80m

Tue Nov 10 2020 - 21:22
Aercap reports $850m loss for third quarter

Aercap reports $850m loss for third quarter

Write-downs on value of aircraft contributed to losses at Dublin-based aviation lessor

Tue Nov 10 2020 - 15:41
Tullow sells remaining stake in Ugandan oilfield for $575m

Tullow sells remaining stake in Ugandan oilfield for $575m

Company will receive agreed contingency payments if Brent crude prices rise above $62 a barrel

Tue Nov 10 2020 - 14:24
Irish company ready to provide pre-travel Covid-19 screening

Irish company ready to provide pre-travel Covid-19 screening

Plusvital has increased its capacity to handle 1,000 virus tests a day and provide results in six hours

Tue Nov 10 2020 - 05:33
Coillte wood supplies set to dry up next year

Coillte wood supplies set to dry up next year

Department’s delays in processing tree-felling licences and appeals have frozen timber supplies

Sat Nov 07 2020 - 06:45
Little Christmas cheer for airlines as Holohan cautions against travel

Little Christmas cheer for airlines as Holohan cautions against travel

Christmas normally welcome boost during traditionally slower part of year

Fri Nov 06 2020 - 05:18
Emerald Airlines seeks licence from regulators in the Republic

Emerald Airlines seeks licence from regulators in the Republic

Aer Lingus put contract to operate regional services out for tender earlier this year

Fri Nov 06 2020 - 04:41
Covid-19: Quarantine to be waived for travellers from some EU states from Sunday

Covid-19: Quarantine to be waived for travellers from some EU states from Sunday

Government indicates intention to accept negative Covid tests from some passengers

Wed Nov 04 2020 - 13:06
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