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The Labour Court told Aer Lingus it has to make a ¤110 million lump-sum payment to cover all active members of the IASS, except pilots Aer Lingus and Dublin Airport Authority face lump-sum pension bill

Two companies face the prospect of making payments running into the hundreds of millions of euro into new pension schemes under the latest proposals to resolve the long-running dispute

Pat McCann, chief executive of Dalata Hotel Group: “Hotels need to get into a position where they can generate sufficient working capital.” Ireland’s hotels have debts of €6.7bn

About 300 of 850 hotels are in financial difficulty but turnover is up at most hotels

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Pilots are understood to have contended that the move by the management to withhold the increment was in breach of their contracts and contrary to legislation governing the payment of wages. Aer Lingus not to pay increments to pilots

Move linked to talks on pension deficit and on general pay review for pilots

Minister for Transport, Tourism and Sport, Leo Varadkar gets a tour of the first of eight new Aer Arann aircrafts from Seán Brogan, Interim CEO, Aer Arann at Dublin Airport. Photograph: Maxwell’s Aer Arann targets British transatlantic fliers

Regional airline to create 50 jobs and spend €144m on eight extra aircraft

Government to review workings of IFSC group

Secrecy surrounding IFSC Clearing House Group criticised by Oireachtas committee

Aer Arann, which operates the Aer Lingus Regional flights, is planning to create 50 new jobs and invest €144 million in eight new aircraft. Aer Arann to create 50 new jobs

Regional Airline plans €144 million purchase of new aircraft

Neil Pakey has been appointed the new chief executive of the Shannon Airport Authority. Shannon Airport Authority appoints new CEO

Shannon was separated from the Dublin Airport Authority last December

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Premium sector remains attractive, despite slowdown, especially for SUVs

Ryanair predicted passenger numbers would grow by 3% to 81.5 million. Ryanair brings in 13% more in revenue as profit tops €650m

Airline worries about impact of airport charges and fuel costs

Ryanair chief executive Michael O’Leary has consistently criticised the Dublin Airport Authority and its predecessor, Aer Rianta, over high charges and aimed a number of broadsides at it and the Department of Transport in its 2012 results statement. Ryanair in talks with Dublin Airport over launch of possible new routes

Discussions could herald thaw in fraught relationship

FirstGroup owns Aircoach. Photograph: Frank Miller Firstgroup slumps on £615m rights issue

Parent group of Aircoach halts dividend

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Aer Lingus and Dublin Airport Authority face lump-sum pension bill

Transport & Tourism

The Labour Court told Aer Lingus it has to make a ¤110 million lump-sum payment to cover all active members of the IASS, except pilots Aer Lingus and Dublin Airport Authority face lump-sum pension bill
Pat McCann, chief executive of Dalata Hotel Group: “Hotels need to get into a position where they can generate sufficient working capital.” Ireland’s hotels have debts of €6.7bn
Pilots are understood to have contended that the move by the management to withhold the increment was in breach of their contracts and contrary to legislation governing the payment of wages. Aer Lingus not to pay increments to pilots