Aer Lingus is weighing adding another service to the US in 2017

Aer Lingus owner says airline will not expand here if airport does not tackle bottlenecka

By 2019 80 per cent of IAG’s long haul fleet will be fitted with the system, known as 2Ku

Airline’s parent IAG has struck a new deal with US tech firm Gogo to provide wifi

Rivals Aer Lingus and Ryanair are close to a passenger sharing deal, according to International Airlines Group (IAG) chief executive, Willie Walsh.

Customers to fly part of journey with Ryanair and long-haul with Aer Lingus on one ticket

Shannon Airport has appointed Matthew Thomas of Canadian group Vantage as i

He previously worked on Canadian group Vantage’s $4 billion La Guardia bid

Noel Smyth: “Any funds who have purchased lands in Ireland again should be encouraged, incentivised and forced in every way possible to ensure that these lands are utilised for the purpose for which they were zoned.” Photograph: Eric Luke/The Irish Time

Lawyer and developer Noel Smyth calls for commitment from those buying land

 Tim Jeans: he joined Stobart as a non-executive chairman two years ago. File photograph: Eric Luke /The Irish Times

Tim Jeans took over as chairman at the Aer Lingus Regional franchise operator in October

Alan Walsh, chief executive of  One51  Photograph: Dave Meehan/The Irish Times

Group’s shareholders include Dermot Desmond and Larry Goodman

Kerry Group’s chief executive Stan McCarthy delivers a results presentation for the company Photograph: Dara Mac Dónaill/The Irish Times

Appeal abandoned seven years after acquisition first agreed

The deal’s biggest beneficiary is likely to be Steripack founder and chief executive, Garry Moore, who owned 54 per cent of the group according to the company’s most recent accounts. Photograph: Alan Betson

Business that packaging company Bemis is purchasing had sales of €57 million last year

Accountant Alan Hynes:  was recently barred from the Institute of Chartered Accountants following complaints from investors who lost more than €18 million on his property ventures. Photograph: Eric Luke

Ennis Property Finance seeks judgment against Wexford accountant for €7.5m

Helicopters at  the Cheltenham Racing Festival:  Waypoint’s   fleet is made up of more than 125 craft operating in 26 countries. Photograph: Alan Betson

Limerick- and Connecticut-based firm plans to refinance some of its existing aircraft

Pilots’ unions on both sides of the Atlantic accuse Norwegian Air International of using Ireland as a flag of convenience to hire cheap labour

Washington to ‘tentatively’ approve Norwegian Air International’s application for a foreign carrier’s permit

Gary McGann: he took over as chairman of the €10bn  betting group when it was formed through a merger of Paddy Power and Betfair in February

Paddy Power Betfair will pay chairman Gary McGann €450,000 this year

Andy McCue: took over as chief executive at the beginning of 2015 and became chief operations officer of the enlarged Paddy Power Betfair group. Photograph: Dara Mac Dónaill/The Irish Times

Former chief executive received payment in salary, benefits and shares last year

Bjorn Kjos, CEO of Norwegian Air Shuttle, the carrier looking to offer long-haul low fares option to Asia and America out of Ireland.

Cork may secure route to Boston as US signals it may issue permit to Scandinavian airline subsidiary based in Ireland

26/09/2012               FINANCE    Shareholders listen to a presentation by Alan Walsh ,Chief Executive Officer, at the ONE51 agm in Dublin today (Wed). Photograph: Eric Luke / THE IRISH TIMES

EGM meant to pave way for stock market flotation of waste manager

ESB headquarters on Fitzwilliam Street, Dublin. Photograph: Cyril Byrne

Electric Ireland the best-known subdivision but State-owned body has many subsidiaries

Gerald Lawless, head of tourism and hospitality of Dubai Holdings: believes  rising education costs in the UK, combined with the country’s scrutiny of its “non-dom” tax rules, has created a good opportunity for the Republic’s universities to recruit students from Arab countries.

Trade between Ireland and Arab world full of opportunities, says Gerald Lawless

New computer systems allow Revenue to track how money flows through the construction sector. Image: Thinkstock

Tax authorities raiding building sites as industry recovers

Michael O’Leary warned that a ‘Brexit’ would endanger the agreements that allow freedom of movement between the UK and the rest of Europe. Photograph: Luke MacGregor/Bloomberg

Ryanair chief says ‘too many businesses are too reticent about getting involved’

Willie Walsh, (centre)  with other figures from the aviation industry at the launch of the UCD Masters in Aviation Finance at the Smurfit Business School. Photograph: Cyril Byrne

IAG boss, speaking at Smurfit school, said China a ‘natural destination’ for Aer Lingus

A Ryanair aircraft sits on the tarmac at Dublin Airport. Photograph: Luke MacGregor/Bloomberg

Diarmuid O’Conghaile was head of economic regulation at the DAA before joining airline

Michael O’Leary, chief executive officer of Ryanair. Photograph: Chris Ratcliffe/Bloomberg

Airline says that €50 million structure is not needed

The IAA is responsible for the provision of air traffic management in Irish airspace

Improved performance attributed to investment in technology

The Irish Aviation Authority said that the tower is needed to ensure safety and pointed out that other airports with parallel runways, including Manchester and Istanbul, have similar structures. Photograph:  Alan Betson

Dublin Airport Authority confirms it is going ahead with 3,110m runway

The project’s cost is a potential source of friction with DAA’s airline customers who support the project but argue that it must be brought in on time and on budget. Photograph: Alan Betson

Airlines are unhappy with construction prices and locals fear effect of extra flights

Bank of Ireland tumbled 3.14 per cent to 24.7 cent after more than 118 million of its shares were traded

Big gains for drug companies after Pfizer and Allergan end their €160bn merger

Revenue is also looking at who is an employee and who is a sub-contractor. Photograph: Joe St Leger/The Irish Times

Sub-contractors such as bricklayers urged to ‘regularise their affairs’

Heineken subsidiary Western Beverages recently agreed a joint-venture deal with Comans.

Size of businesses involved meant parties had to notify commission of proposed deal

Punchestown:  one of Future Ticketing’s customers. Photograph: Dara Mac Dónaill / THE IRISH TIMES

Liam Holton says his Future Ticketing system works for events from small concerts to vast outdoor shows

Paddy Power Betfair plans to cut up to 300 jobs from its Irish operations in a move stemming from the €10 billion merger of the two gambling businesses in February. File photograph: Matthew Lloyd/Bloomberg

Dublin staff face redundancies after €10bn Betfair deal

Qantas chief executive Alan Joyce: in Dublin to be honoured for his contribution to the global aviation industry. Photograph: Lisa Maree Williams/Getty Images

Two years ago there were calls for his head, now the airline boss is a hero

Fyffes executive chairman David McCann: paid a performance bonus of €527,000 and €21,000 in other benefits in 2015. Photograph: Dara Mac Dónaill

David McCann received €702,000 basic salary last year, fruit importer’s report shows

One of the reasons that International Consolidated Airlines Group  paid €1.4 billion for Aer Lingus last year was that it wants to extend its reach across the Atlantic. Photograph: Aidan Crawley

If airport realises its potential as Europe-US hub, it will be less reliant on domestic market

Sources have suggested that the DAA could reapply for planning permission, but this time for a longer runway than the one for which it already has permission. Photograph:  Aidan Crawley/Bloomberg

Crunch decisions ahead as planning permission for €250m project expires next year

Bank of Ireland dipped 0.76 per cent to 26 cent. Traders noted the volume of trades in its shares was “not huge”

Slow day in Dublin with Dalata, Ryanair and CRH up slightly

Viridian is a leading independent energy company in the all-Ireland market with two main brands, Energia in the Republic and Power NI north of the border

Owners of Bord Gáis Energy and Airtricity also believed to have submitted bids for firm

One51 chief executive Alan Walsh: 2015 a year of significant progress with One51’s entry into the north American plastics markets through the IPL deal. Photograph: The Irish Times

Dermot Desmond, Larry Goodman among beneficiaries if firm listed on stock market

 Goldman Sachs in New York: Goldman Sachs controls Beltany Property Finance but neither firm has any involvement with tenants facing eviction. Photograph: Stan Honda/AFP/Getty Images

Goldman Sachs-linked firm has been buying property loans from the State and banks

Protest: tenants  take part in a march  organised by Tyrrelstown Tenants Action Group. Photograph: Eric Luke

Special purpose vehicles acting for global clients control debt worth billions of euro

Minister for Transport Paschal Donohoe  with CityJet executive chairman Pat Byrne. Photograph: Naoise Culhane

Owner Intro Aviation bought the Irish carrier from Air France KLM two years ago

Tesco to add Tipperary-based Arrabawn and northwestern Aurivo to its suppliers

Asked if his company was considering buying property from Nama, Richard Barrett said “we will buy good quality assets from anybody”

Developer launches Bartra Capital Property which plans to invest €1.2bn in housing, healthcare and energy

Delta will restart its summer Dublin-Atlanta services from Monday, March 28th, beginning with a Boeing 767-300 until April 4th and then an Airbus A330-300 from that date on.

US carrier plans to use larger craft during periods of extra demand

 A plume of smoke rises over Brussels airport after the controlled explosion of a third device in Zaventem Bruxelles International Airport after a terrorist attack on March 22, 2016 in Brussels, Belgium. Photograph: Getty Images

Shares in Ryanair and IAG fall as investors sell sector

Curragh Racecourse Ltd said on Tuesday that it has appointed Derek McGrath as chief executive of the company, which will own, operate and redevelop the racecourse and training grounds in Co Kildare.

Role will include overseeing €65 millionredevelopment

Ecocem subsidiary Orcem Americas is seeking permission to build a  grinding mill  close to San Francisco

Site where Irish firm plans €45m development deemed ‘historically significant’

Smith & Wollensky’s restaurant in Miami Beach, Florida.

Irish group takes control of all group’s non-New York businesses

Nama chairman Frank Daly has accused a Northern Assembly committee of making ‘unsubstantiated and unfounded’ claims in a report on the State body’s controversial Project Eagle sale. File photograph: Cyril Byrne/The Irish Times

Frank Daly responds to Stormont report on Project Eagle portfolio

New Generation confirmed on Friday that it had hired real estate bank Eastdil Secured to advise the company on the options for a number of its residential sites, including the possibility of a sale. Photograph: Cyril Byrne

Company amassed land around Dublin in 2011 when prices hit their lowest point

Minister for Finance Michael Noonan: criticised by the Northern Ireland Assembly committee for failing to suspend the auction. Photograph: Gareth Chaney Collins

Stormont committee critical of Minister for Finance’s role in Nama’s Project Eagle sale

In March 2014 Nama found that Pimco had agreed to pay £5 million each to Frank Cushnahan, who had resigned from Nama’s Northern Ireland Advisory Committee the previous November, US lawyers Brown Rudnick and Belfast solicitors, Tughans.

Fresh queries have arisen in the wake of a new Stormont report on Project Eagle

National Asset Management Agency (Nama) chairman Frank Daly has accused a Northern Ireland Assembly Committee of making “unsubstantiated and unfounded” claims in a report on the State body’s controversial Project Eagle sale.

State agency challenges report into €1.6bn sale of its Northern Ireland loans

Prominent Northern Ireland businessman Gareth Graham (centre) leaving Stormont after speaking to the Nama inquiry. Mr Graham is a well-known property developer in Belfast. Photograph: Arthur Allison/Pacemaker Press

Gareth Graham indicates proceedings resolved to ‘full satisfaction of all parties’

Norwegian Air Shuttle: US authorities have delayed granting the airline a licence, for two years, as unions and politicians there fear that it will hire Asian crews, so it can pay them far less than American and European staff

Irish-registered subsidiary of Norwegian Air wants to run services from Cork to Boston

Cork Airport could get New York flights next year if plans to connect it with Boston are successful.

Norwegian Air International plans still meeting opposition in US

Depiction of Hercules and the multi-headed dog that guarded the underworld: US fund Cerberus snapped up property debts worth €18.75 billion over the last two years, including two big deals that it did with   Nama

The US fund avoids giving details of its activities and seems unwilling to pay meaningful tax

 Colm Barrington: the firm’s  chief executive said Fly Leasing  was entering 2016 with a “leaner, younger and more profitable fleet”. Photograph: Alan Betson/The Irish Times

Company’s figures show income of $6.6m – down from the $56m it earned in 2014

 Paddy Power Betfair chief operations officer Andy McCue: He indicated the group  will wait until later in the year   to discuss   the cost savings that were among the key motivators for the merger. Photograph: Eric Luke / The Irish Times

Gambling giant to wait until well into sporting year to guide on trading prospects

Alan Hynes: Last year a tribunal of the Chartered Accountants Regulatory Board   excluded him from the Institute of Chartered Accountants after a hearing sparked by complaints from investors who lost more than €18 million on a number of his property ventures. Photograph: Aidan Crawley

Board dismisses appeal of disgraced financial advisor’s misconduct finding

Iron ore mine in Western Australia: China’s February trade performance was far weaker than economists had expected, with exports tumbling the most in more than six years. Photograph: David Gray/Reuters

February trade figures for China far weaker than predicted with exports tumbling

Lufthansa subsidiary Brussels Airlines will launch a new service from Belfast to the EU capital from next month.

Lufthansa reports 13% boost to Irish traffic

Laying off: Betting exchanges allow punters to bet against each other rather than against a bookmaker. Photograph: Dado Ruvic/Reuters

Irish bookie breaks €1 billion revenue mark in its last year as a standalone company

Europe has shifted significantly towards a model of weaker job security and increased labour-market flexibility, paper says.

Data from 19 EU states shows protections for workers weakened or removed

Mark Fielding, chief executive of Isme. “Much of the problem . . . stems from inadequate training of bank staff who do not have the necessary skills and expertise to analyse businesses proposals.” Photograph: Frank Miller

Isme poll shows 43% of businesses who asked were refused loans in first quarter of 2015

Ardagh chairman Paul Coulson. Photograph: Frank Miller/The Irish Times

Can and bottle maker intends to go ahead with €2bn sale of metals division Oressa

Ulster Bank on Dame Street: clamping down on businesses seriously behind on loan repayments in a bid to clean up its balance sheet. Photograph: Alan Betson

Ulster targeting indebted firms telling them they risk being sold to a third party

Frank Cushnahan:  recorded saying he had contacted Ronnie Hanna on several occasions

Frank Cushnahan was recorded telling businesspeople he had contacted Hanna

CRH chief executive Albert Manifold acknowledged that, while the stronger dollar and lower energy costs did have an impact, they also led to customers seeking better prices. Photograph: Cyril Byrne

Favourable exchange rates were worth €218m to the Irish company

CRH chief executive Albert Manifold: Photograph: Cyril Byrne /Irish Times

Building materials firm posts 36 per cent rise in pretax profits to €1.03bn last year

Sarah Newman, former boss of, was due to be cross-examined in the Commercial Court. Photograph: Frank Miller/Irish Times

Businesswoman says she made “extremely difficult decision” to file for bankruptcy after selling all her assets

Former Nama Northern Ireland Advisory Committee member Frank Cushnahan: he was recorded telling two other business people that he had contacted Mr Hanna on a number of occasions to prevent “people’s lights going out”. Photograph:  Press Eye

Claims in Cerberus row suggest Hanna ensured no receivers appointed to certain creditors

Frank Cushnahan:  well known in Belfast business circles, he knew many of Nama’s big debtors. Photograph: Press Eye

Until Frank Cushnahan and Ian Coulter speak, Nama sale row looks destined to drag on

Quinn Cement confirmed on Tuesday that Warrenpoint will invest £2.5 million sterling (€3.2 million) in building five new cement   silos.

Port will invest €3.2 million in expanding storage

Sean Quinn: a group of his former colleagues now runs Quinn Industrial Holdings

Company spokesman says ‘foreign substances' introduced to vehicle engines

US company Cerberus paid Nama £1.3 billion for Project Eagle, a portfolio of £4.3 billion in property loans. Photograph: Cyril Byrne/The Irish Times

Adviser secretly recorded saying money moved to Isle of Man account was for him

John McCartin and Sean Quinn enjoy a drink as Quinn returns to his HQ on Tuesday morning. Photograph: Lorraine Teevan.

Local group claims firm ‘gone to dogs’ and questions management commitment

Had Aer Lingus been consolidated from the start of the year, IAG would have reported total revenue of €2.39 billion and an operating profit after exceptional items of €2.41billion for the year to the end of December

Full-year operating profit of €124m for the airline, up €72m compared to 2014

A letter from its European chief executive, Liam Strong, to the Northern Ireland Assembly’s enterprise, trade and investment committee says that by the beginning of this month, it had written €4.6 billion off the total due on the loans. Above: Stormont Parliament Buildings.

Sum includes €1.6 billion written-off debts that investor bought as part of Project Eagle

Wall Street was little changed in choppy trading as strong US durable goods data pointed to a recovery in the struggling manufacturing sector.

Dublin lags peers as leading stocksunderperform

London City Aiport is a key transport hub for the UK capital’s financial district. Photograph: Bloomberg

Irish-linked hub changes hands for third time in 10 years

Chief executive Bjorn Kjos: the Republic’s labour laws determine the terms and conditions under which its Irish firm hires staff

Norwegian Air International has been seeking permission to fly to the US

Of its development programme, Green Reit said that it is now on site at four locations in Dublin - One Molesworth Street, 32 Molesworth Street, Horizon Logistics Park and Block H in Central Park (pictured) - and expects to commence on site at 4-5 Harcourt Road in mid-2016. (Photograph: Alan Betson / THE IRISH TIMES)

Sale of properties driven by policy of keeping gearing within the 25% target that is in line with the ‘better quality’ Reits ope(...)

Kingspan chief executive Gene Murtagh said the  acquisition of  Joris Ide and Vicwest last year have performed ahead of the company’s expectations. Photo: Alan Betson/The Irish Times

Building materials group says it has baulked at asking prices and may yet consider diversification as sales jump 47%

Mick Wallace last month failed to halt Cerberus’s efforts to obtain a High Court judgment for €2 million arising out of a debt due from his company. Photograph: Eric Luke

M&J Wallace has been in receivership since 2011 on foot of €20m debt

Confederation of British Industry president Paul Drechsler: said the result of the proposed referendum was too tight to call. Photograph: CBI

UK EU exit could cut Ireland trade 20%, says Confederation of British Industry president

Shannon Foynes Port: Trade worth worth €6 billion passed through the port last year as it came close to hitting a decade-old record. Photograph: Kieran Clancy

Port company handled 11.1m tonnes in 2015, up 1m tonnes from previous year

 Developer Gerry Gannon: Gannon Homes has relied on backing from the National Asset Management Agency (Nama), which took over the group’s debts in 2010, since it reached an agreement with the State body in 2012

Apartments and townhouses project in Clongriffin, north Dublin, to cost €20m

Part of the  Adelphi Centre in Dún Laoghaire, Co Dublin. Photograph: Eric Luke/The Irish Times

Appointment by Hibernia Reit, which bought property loans from Ulster Bank to Dorville

  Seamus Ross of Menolly Homes: One of the subsidiaries set to be placed in liquidation is Brisa Developments, set up to build and sell houses in the K Club in Co Kildare. Photograph: Cyril Byrne

Former Anglo client holds creditors’ meetings in connection with nine companies

The Gresham Hotel  has more than 300 rooms and is understood to have scope for an upgrade.  Photograph:  Aidan Crawley

Number of potential suitors linked with O’Connell Street hotel, including Dalata

Axa has told workers in Dublin that it is moving a number of jobs to Derry in a consolidation of some of its operations.

Insurer in intensive talks with unions to agree best terms for Dublin staff affected

Aviation recruitment specialist Parc recorded a drop in profits in 2014. Illustration: Askold Romanov/Getty Images/iStockphoto

Company reports pre-tax profits fall of 5.5 per cent to €3.37 million in 2014 financial year

Dublin Airport recently reported that passenger numbers last month rose 17 per cent to 1.7 million passengers.  Photograph: The Irish Times

Aviation industry benefiting from low fuel prices and extra capacity in key markets

New developments are mired in what appear to be old fashioned planning rows, driven as much by local political concerns as anythin(...)

Compliance check: The Competition and Consumer Protection Commission focuses on stopping practices that harm consumers. Photograph: Thinkstock

Competition protection commission fined 33 traders for breaches of price-display laws

Paul Gogarty, an Independent general election candidate, said that the motion was meant to prevent overdevelopment. Photograph: Dara Mac Dónaill

Council rows back on proposals to block development on New Generation site

Developer Garrett Kelleher: could be hit with a  damages bill over his involvement in a €60 million insurance claim

Chicago Spire backer could owe millions from involvement in €60m insurance claim

 Paul Gogarty: he said he and his colleagues were trying to prevent over-development in the area. Photograph: Dara Mac Dónaill / The Irish Times

Council debating green zone at Lucan site New Generation Homes wants to build on

Fruit importer Fyffes added 3.41 per cent to end the day at €1.396

Paddy Power Betfair makes successful debut on Dublin and London markets

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