Aer Lingus: It is not clear yet whether the deal will mean lower fares for consumers.  Photograph: Peter  Muhly/AFP/Getty Images

The potential impact of takeover by IAG on consumers remains unclear

Despite late assurances by Aer Lingus that it did not envisage compulsory redundancies or outsourcing, the company’s two main unions will opose the deal. Photograph: The Irish Times

National carrier unions, Impact and Siptu, to oppose IAG offer despite assurances on jobs

Ryanair has launched three unsuccessful bids to take over its smaller rival during the last nine years.   Photograph: Andrew Yates/Reuters

Shareholder is locked in legal battle with UK competition regulator

Ryanair’s chief marketing officer Kenny Jacobs and chief commercial officer David O’Brien announce the airline’s end-of-year results.Photograph: Cyril Byrne/THE IRISH TIMES

Airline makes €867m in 2014 and carries more than 90m passengers

Etihad has said it will accept offer

Biggest shareholder Ryanair will weigh offer on its merits

Aer Lingus bid hinges on the airline’s Heathrow slots

Cabinet to discuss possible sale

Willie Walsh, CEO of IAG, which is on the cusp of finalising its bid for Aer Lingus

Group is led by former Aer Lingus chief executive Willie Walsh

 Ken Fennell of Deloitte: the privately owned Boylesports has approached Mr Fennell and is in talks with him regarding an alternative plan

Irish bookmaker has approached examiner with alternative plan for loss-making chain

The High Court heard that Irish law only permits third-party funding of a court case where there is some form of connection between the litigant and whoever is putting up the money

Persona and Sigma Wireless, with third-party funding, suing State and Denis O’Brien

IAG chief executive Willie Walsh

Government decision is still thought to be weeks away

Ormonde chairman Mike Donoghue  welcomed the result. “We can now move forward with a comprehensive funding package into the development of Barruecopardo as an important tungsten mining operation,” he said.

Barruecopardo tungsten mine to be transferred to new joint venture

The Cabinet is likely to wait until after Friday’s referendums and the Carlow- Kilkenny byelection before deciding on a sale of the State’s Aer Lingus shares but sources say  it could take several weeks before the Government makes its views known. Photograph: Alan Betson

IAG willing to pay €1.36bn if the State and Ryanair agree to sell their respective stakes

Cityjet said on Monday that it is cutting the two services from June 30th after Cardiff Airport’s authorities decided to support another airline to fly the routes in direct competition with the Dublin-based carrier.

Irish airline says authorities favour one airline over others

PwC tax partner  Ronan Mac Nioclais has suggested local authorities have granted fewer planning permissions so far in 2015 than during third quarter of 2014

More than 60% of firms report finding it difficult to find backing

 Commission chairwoman Isolde Goggin: searches are part of an ongoing investigation that is expected to take some time. Photograph: Eric Luke/The Irish Times

Inquiry focuses on charge of abusing a dominant position

Galway-based Ward & Burke has operations in the Republic, Canada and Britain and specialises in sanitary and water services, for which it designs and builds treatment plants, tunnelling and pipelines. Photograph: David Sleator/The Irish Times

Galway-based firm sees sales rise 37% thanks to growth in Canadian and British businesses

Deloitte’s Ken Fennell was appointed examiner by the High Court for the Ladbrokes restructuring.

Firm is seeking to surrender about one-third of its leases in Republic

A Ladbrokes spokesman said the process is about building “a sustainable business in Ireland and protecting jobs”.

Group wants to close up to 60 of its 196 betting shops

Paddy Power said strong top-line growth offsetunfavourable sports results

Listed bookie said revenue growth helped offset margin pressures at start of year

Ormonde Mining chairman Mike Donoghue managing director   Kerr Anderson said the board does not believe  the Almonty proposal is credible.

Ormonde Mining resisting overture

Ormonde’s tungsten mine at Barruecopardo, near Salamanca, in western Spain.

Board claims Canadian group undervaluing company

Walls Construction completed €50 million worth of private hospital work for the Mater and Blackrock in Dublin

Walls Construction spun out from holding company and on track for €100m turnover

More than 550,000 equities in building materials giant CRH changed hands in Dublin

Shares in London slide as rally on back of Conservative victory peters out

Colm Barrington, Fly Leasing’s  chief executive, described the results as strong. He noted that the airline industry is growing.

Revenues in first three months grew 34%

Ardagh was vying with a number of private equity giants to buy St Gobain’s European glass-making unit, Verallia

Analysts say indebted group shows evidence of more financial discipline

Aer Lingus: the airline  cut the number of seats available on all its services by 6.6 per cent in April, which a spokesman said was one of the traditionally slower months for travel and was designed to preserve profitability. Photograph: Paul Faith/AFP/Getty Images

Fall occurred in short-haul services while transatlantic rose

Albert Manifold, chief executive of CRH, at the company’s agm in Dún Laoghaire, Co Dublin. Photograph: Jason Clarke

CRH chief executive hopeful Holcim shareholders will vote to merge with rival Lafarge

Mr Mueller took over as chief executive of south-east Asian carrier, Malaysia Airlines, last week Photograph: Bloomberg

Former Aer Lingus chief executive has left two State boards in recent days

Aircraft lessor’s fleet valued at €5 billion according to latest results

 Minister for Finance Michael Noonan: said  Freedom of Information documents released to The Irish Times showing tensions between his department and IBRC illustrated that his officials were doing their job. Photograph: Eric Luke/The Irish Times

Solicitors say Department of Finance release of material a ‘serious attack on an internationally and highly experienced banking (...)

Paddy McKillen has been fighting for five years over the ownership of Claridge’s (above), The Berkeley and The Connaught hotels

Qatari investors allied to Irish developer Paddy McKillen acquire interest for €1bn

Siteserv subsidiary GMC/Sierra was one of three companies awarded contracts for the installation of water meters for Irish Water. Photograph: Colm Mahady/Fennells

Business was founded in 2006 to provide services for building sites

Former IBRC chairman Alan Dukes has contradicted the Government’s account to the Dáil of how it dealt with the issue. Photograph: Bryan O’Brien

Background to the sale of the indebted firm to Denis O’Brien – and what happens next

The Berkeley hotel in London, one of three luxury properties where ownership has now been resolved Photograph: Bloomberg

Move signals end of dispute with developer Paddy McKillen

Brent geese over Booterstown marsh. Paddy McKillen snr bought the 4.9-acre site next to the protected marsh  last autumn for about €1 million, making him the latest in a succession of owners.   Photograph: Cyril Byrne

Developer likely to press ahead with plan for controversial Dublin Bay site despite setback

Eugene O’Callaghan, fund director, of  the Irish Strategic Investment Fund (ISIF) expects it to commit between €500 million and €1 billion to projects in the Republic this year.

Director says pipeline is “strong and growing”

Ladbrokes was still paying bubble-era rents in an economy just emerging from a recession.

It had been known for some time that the bookmaking operation was under pressure

Ladbrokes branch in Irishtown, Dublin: the betting chain lost €5 million in 2014.  An examinership, focused solely on its betting shops in the Republic, is likely to run for the full 100 days allowed by law. Photograph: Niall Carson/PA

Betting chain may have to cut 250 jobs and close 60 of its 196 betting shops in Republic

Bookmaker Ladbrokes Ireland, is seeking High Court protection from its creditors and warns it will have to cut jobs in a bid to rescue the loss-making business.

Bookmaker warns of job losses as it seeks to rescue its loss-making business

Irish-based helicopter leasing specialist, Waypoint, said on Monday that it has bought more than 100 craft and placed them with clients, less than two years since it was launched.

Limerick firm has 13 clients operating in 22 countries

Cityjet has forged a partnership with Dublin-based aviation training company, Simtech, to train in its new pilots.

Airline strikes training deal with Simtech

Dublin Airport Authority said extra spaces are needed to cope with the significant growth in traffic at Dublin Airport over the last three years

Terminal Two short-term car park to double in size to cope with demand

 Transaero Engineering Ireland launched in 2012 – pictured at the launch were  executives Alexander Krinichanskiy, Joseph Millar and William McGonagle

Former Siteserv executive Patrick Jordan has acquired the aircraft maintenance group

Aer Lingus shed some of the gains it made on Thursday on the back of reports the Government was close to agreeing to sell the State’s stake to  IAG. Photograph: Alan Betson

Two-hour blackout at data provider Bloomberg hit markets around the world

Ryanair plans to appeal the original ruling to the British supreme court. Photograph: Simon Dawson/Bloomberg

Competition authority has refused Ryanair’s call for a formal review of its 2013 ruling

Minister for Transport Paschal Donohoe said he expected the talks to conclude within weeks. Photograph: Peter Muhly/AFP/Getty Images

Government and airline group still divided over Heathrow slots

Luxor Investments  are challenging Goldman Sachs and an associate, Beltany Properties’ rights to appoint a receiver over a number of assets, including the Radisson Blu Hotel on Golden Lane in Dublin.

Luxor Investments challenging Goldman Sachs over Radisson Blu Hotel

Racecourse expects festival attendance to beat last year’s record

Airport reports passenger numbers up 17 per cent to 4.7 million in the first three months of the year

Ethiopian is planning to route services to Washington DC and Toronto via Dublin from next May

Move seen as carrier pushing for further rights to recruit additional Irish passengers

Bookmakers will have to pay a 1 per cent tax on all on-line bets placed in the Republic from August 1st under new legislation brought into force on Wednesday.

New charge will not be passed directly on to customers

An Aer Lingus spokesman said the management of the second supplementary scheme was a matter for its trustees

Workers fear supplementary fund could be forgotten if proposed takeover by IAG goes ahead

Ingredients and convenience food group Kerry climbed 1.67 per cent to close at €67.50

Bank stocks slide, but energy shares rise following reports of US supply slowdown

At the launch of Transaero Engineering Ireland in April, 2014, were Mr Alexander Krinichanskiy, managing director, Transaero Airlines; Joseph Millar, executive chairman of Transaero Engineering and William McGonagle, chief executive officer. The company has emerged fron examinership.

Aircraft maintenance specialist sought court protection in January

Aer Lingus paid former chief executive Christoph Mueller a total of €1.24 million last year, 19 per cent less than the €1.5 million he received in 2013.  File photograph: Eric Luke/The Irish Times

Christoph Mueller owned 709,555 shares in December

Former Aer Lingus chief executive, Christoph Mueller, was paid almost €1.24 million in his last year in the airline’s top job.

Former chief executive paid 19 per cent less in 2014

The ESRI  estimates that the Republic needs to build between 19,000 and 33,000 new houses a year. Photograph: Cyril Byrne/The Irish Times

Surveyors claim level of housebuilding below that indicated by official figures

Official estimates exaggerated the number of new homes built in the Republic last year by more than 2,000, a new report claims.

Supply problems could be more serious than previously thought warns report

Ryanair shares ended 1.05 per cent ahead yesterday at €11.055, with just over a million shares changing hands in Dublin. Photograph: Andy Rain/EPA

Rise of 12% year on year in passenger journeys

EasyJet chief executive  Carolyn McCall: “It’s going to be good for Ireland, it’s going to be good for IAG and it’ll be good for Aer Lingus.” Photographer: Jasper Juinen/Bloomberg

Carolyn McCall says the move would be ‘rational consolidation’

Michael Fingleton: special liquidators Kieran Wallace and Eamonn Richardson of KPMG are continuing with their action against Mr Fingleton arising from the circumstances that caused Irish Nationwide’s collapse. Photograph: Cyril Byrne/The Irish Times

Case involving Michael Fingleton expected to go to full trial by year end

 Richard Branson’s Virgin Airlines  is a rival of British Airways, the biggest airline in IAG. Photograph: Virgin/PA

Recommendation expected to be made ahead of April 14th meeting

Washington state: Port of Bellingham and Harcourt had been in talks for more than a year

Irish property company to redevelop disused industrial site in Washington state

Johnny Ronan was one of the highest profile developers during the property boom that ultimately led to the Republic’s financial crash in 2008.

Loans due to the agency refinanced in €300 million deal

Ruth Curran of Merc Partners with Willie Walsh, chief executive of  International Airlines Group. Mr Walsh said it would be “very interesting” if Virgin appeared before the Oireachtas committee. Photograph:  Angela Halpin

Virgin Atlantic comments no indication of interest in Irish market, says IAG boss

Willie Walsh, chief executive of IAG, in Dublin last month following a parliamentary hearing into the proposed takeover of Aer Lingus. Photograph: Aidan Crawley/Bloomberg

IAG chief believes airline should explain its interest in Irish market

Fairfax would have paid €93.5 million for the Bank of Ireland shares when it bought into it in 2011

Fairfax considering placing 935m shares in bank with buyers at between 35.75 cent and 37.25 cent a share

Fairfax Financial plans to sell almost 3 per cent of Bank of Ireland.

Group offloading almost 3% of Irish lender

Helsinki harbour. Finnair has extended its planned Dublin-Helsinki service to the winter months ahead of its launch on Monday.

Airline hoping to cash in on demand for far east flights

Permanent TSB denied the payments were bonuses. A spokesman explained they were commissions and have been part of staff’s salaries since before the financial crash in 2008. Photograph: Alan Betson

Individuals workers receive up to €4,500, while branch managers get larger sums

 Willie Walsh: the IAG chief executive   has pledged to maintain Aer Lingus flights from the State to Heathrow for five years. Photograph: Sasko Lazarov/PhotoCall Ireland

Minister for Transport wants five-year pledge on Heathrow slots extended

 Etihad Airways, holder of almost 5 per cent of Aer Lingus, will probably sell its stake if the Government backs the IAG offer. James Hogan, chief executive of the Gulf-based airline, reiterated this recently.

Kavanagh tells aviation forum, ‘There is a timeline and an end is in sight’

Arytza chief executive Owen Killian: “The transaction will benefit the free float of Origin Enterprises and transform Aryzta into a pure play in speciality food.”

Deal boosts agri-services company’s free float

Minister for Transport, Tourism and Sport, Paschal Donohoe stressed that maintaining the low VAT measure for the tourism sector is conditional on the industry remaining competitive on Wednesday. (Photograph: Dara Mac Dónaill / The Irish Times)

Minister warns that sector must not return to the high prices that damaged its competitiveness during the boom years

Group to place shares with limited number of institutions

Airlines are facing a critical skills shortage as it seeks to replace a generation of staff and cope with a doubling of capacity over the next 15 years, one industry leader warned on Tuesday.

Industry leader warns that aviation must replace ‘one generation of technical staff with another’

Taoiseach Enda Kenny and Pascal Donohoe, Minister for Transport Tourism and Sport at the launch of the Government’s tourism policy at Kilkenny Castle on Monday. Photograph: Cyril Byrne / The Irish Times

Focus to be on increasing revenue to €5 billion

Harcourt will buy the Port of Bellingham 18.8-acre site in stages and redevelop it as a shopping and business centre

Developer to sign contract to redevelop 18.8-acre site in Washington state

The State is now able to borrow money at record low interest rates.

Treasury agency makes third earlyrepayment

IAG has been circling Aer Lingus for more than three months and in January said that it is willing to pay €2.55 a-share for the Irish airline, once both the State and Ryanair agree to sell their holdings in the company.

Further talks scheduled over €1.36bn bid for airline

Castlebar, Co Mayo. At a US function this week Opensparkz announced it planned to create up to 250 jobs in the town over three years

Businessman behind promised Mayo scheme threatened with court action

Earlier this week the airline said that it had spoken to manufacturers about buying long-haul craft and was looking at the possibility of flying between 12 to 14 European and US cities Photograph: Alan Betson / The Irish Times

Announcement follows reports that board approved future growth plans, including possible transatlantic services

Etihad flightattendants in training. The airline is willing to sell its Aer Lingus stake.

Gulf carrier’s chief James Hogan says it is unlikely to remain a backer if group takes control

The union meeting followed talks this week between IAG and a Government body set up to review its proposed €2.55-a-share offer for Aer Lingus. Photograph: Artur Widak/PA Wire

Source says unions could be ‘neutral, or at least less hostile’ following meeting

The union meeting followed talks this week between IAG and a Government body set up to review its proposed €2.55-a-share offer for Aer Lingus. Photograph: Artur Widak/PA Wire

Source says unions could be ‘neutral, or at least less hostile’ following meeting

Nicholas Moore, chief executive officer and managing director of Macquarie. Macquarie is planning a rights issue to raise $500 million to help pay for the deal, which will rank the business close to the globe’s top 10 aircraft lessors.

Transaction to go through in 12 months

Ryanair wants to grow its share of the central European country’s market to between 15 per cent and 20 per cent from its current 4 per cent by 2019. File photograph: Nick Ansell/PA Wire

Airline makes play for larger slice of German market in time for winter schedule

Aer Lingus planes at Dublin Airport. Sources say IAG could make further concession on Aer Lingus’s Heathrow slots in order to break the deadlock over its proposed bid for the State’s stake in the airline. Photograph: Brian Lawless/PA Wire

Airline company met with Government representatives to break deadlock over bid

A pedestrian walks past the Aer Lingus ticket and customer services desk in the departure hall at Dublin Airport. Photographer: Aidan Crawley/Bloomberg

Coalition statement seeking further guarantees on Heathrow services discussed

Holfeld Plastics’ Arklow plant, which produces plastic packaging for food processors in Ireland and Europe

Company seeks to hire seven staff to cope with increased demand

 Andy McCue,  chief executive, and Cormac McCarthy, chief financial officer, at the Paddy Power results  briefing  yesterday. Photograph: Dara Mac Dónaill.

Andy McCue favours focus on ‘organic growth’ rather than acquisition

Dómhnal Slattery, CEO, Avolon, said the company delivered a strong performance against key financial and operating metrics in 2014. (Photograph: Eric Luke / The Irish Times)

Chief executive Dómhnall Slattery says it has customers committed to leasing 31 aircraft worth $1.6bn

Bookmaker makes €167m profit before tax

Brian O Donnell (right) pictured arriving at the Four Courts with his son, Blake  for a Supreme Court judgement last month. Photograph:  Collins

Solicitor owned office blocks in Dublin, Washington and London

In his first day as the new chief executive of Aer Lingus, Stephen Kavanagh moved to reassure staff over the bid  for the airline from International Airlines Group (IAG). Photograph: Aidan Crawley/Bloomberg

Chief executive Stephen Kavanagh moves to dispel concerns over terms

Peter Barrett, chief executive of SMBC Aviation Capital: the company is one of the top five in the global aircraft finance sector. Photograph: Brenda Fitzsimons

Irish-based leasing giant last year announced deals to buy 195 aircraft

Shelbourne Hotel general manager  Stephen Hanley addresses a staff training workshop. The Irish Hotels Federation is urging the Government to maintain the special 9 per cent tourist industry VAT rate introduced in 2011 to aid recovery in the sector by allowing it to cut costs and compete with the rest of Europe.  Photograph: Frank Miller

Average price expected to reach €109 amid growing demand

North Kildare Chamber of Commerce, which represents local and multinational companies with a combined workforce of 9,300 people and includes food group Kerry, has found 86 per cent of its members have confidence in the Irish economy. Photograph: Dara Mac Dónaill

Chamber of Commerce finds 42 per cent of its members not sure of Government

Fexco site at Killorglin, Co Kerry: expansion in Britain is being driven by the economy recovering and the pound continuing to strengthen. Photograph:  Don MacMonagle

Expansion is Fexco’s second in Britain in the last 12 months

Willie Walsh, chief executive  of International Consolidated Airlines Group SA: has not given up on his group’s proposed €2.55-a-share offer for  Aer Lingus. Photograph: Aidan Crawley/Bloomberg

IAG chief executive says he would be ‘crazy’ to stretch five-year pledge on Heathrow slots

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