Cathal O’Connell: “The BMI brand has huge heritage, over 70 years of heritage.” Photograph: Nick Bradshaw

As chief executive of BMI Regional, Cathal O’Connell has masterminded a remarkable turnaround in the small carrier’s fortunes

In 2012 the department told the High Court the agreement was neither aid nor a contract, and is not profitable for Bus Éireann, which only recovers its costs for the service

Letter says that description of deal as a contract was erroneous

The Central Bank: publishes new guidelines today for the bonuses used to reward sales staff in banks, insurance companies and investment firms. Photograph: Matt Kavanagh

Review finds greater emphasis on volume of sales than ‘suitable customer outcomes’

IBOA general secretary Larry Broderick urged Ulster Bank management to suspend its latest round of branch closures until the questions around the bank’s future were resolved. Photograph: Alan Betson / The Irish Times

KKR or Apollo said to be circling lender

File photo  of a Ryanair plane landing. Photograph: PA

Airline ordered to repay €9.6m to France

 The group  says that cutting the windfall tax on property that is rezoned from agricultural use to residential to the standard 33 per cent rate, from its current 85 per cent level, would help speed up the supply of suitable land. Photograph: Dominic Lipinski/PA Wire

Sale of surplus state offices could fund social housing - property industry group

Trade union Impact, which represents Aer Lingus cabin crew and other staff at the airline as well as at the DAA, said it would be balloting members on the expert group proposals for the pension scheme. Photograph: Alan Betson / The Irish Times

Impact to ballot on proposals to resolve row with Aer Lingus and Dublin Airport Authority over insolvent retirement scheme

Christoph Mueller: Aer Lingus CEO is to step down next May. Photograph: Bryan O’Brien

Christoph Mueller announces departure from airline

Michael Buckley chairman addressing the DCC agm in the Four Seasons Hotel on Friday. Photograph: Cyril Byrne

Distribution group predicts 10% growth in operating profit

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