Fexco, based in Killorglin, Co Kerry, is taking a substantial stake in Airborne Capital. Photograph: Don MacMonagle

Lessor aims to have $5 billion in assets under its charge within five years

Recruitment agency Dalmac  hires and trains flight attendants for Ryanair

Dalmac owner Fingal Language Institute had €817K in bank at end of 2016, accounts show

 Richard Barrett: he predicted  the housing crisis could drive large numbers of people to support extremist politics

Developer Richard Barrett says number of people seeking homes is more than 700,000

The site of the proposed National Children’s Hospital, at St James’s Hospital, Dublin: BAM broke ground on the €1bn children’s hospital  last year. Photograph: Eric Luke

Contractors hired to build children’s hospital show that profits have more than doubled

Ryanair does not deal with trade unions, but says that it does not ban staff from joining them. Instead it negotiates individual deals with employee representative councils at all its 86 bases.

Letter names members of new council seeking negotiations on collective agreement

The Minister for Housing dismissed rumours of  delays in the National Planning Framework. Photograph: iStock

New planning rules prompt applications for 4,000 houses, 2,500 apartments

Photograph: Peter Muhly/AFP/Getty Images

Move follows Labour Court proposal for pay rise for ground and cabin crew

More than 120 people, 20 of them in the Republic, lost their jobs as Pacnet was forced out of business.

US watchdog removes payments processor from transnational crime organisations list

Voxpro founders Linda and Dan Kiely, who were recognised by Cork Chamber with the Outstanding Achievement in Business award, having taken their company from just six employees 20 years ago to the recent sale for $150 million to Telus International. The award was presented at the Cork Chamber Dublin dinner last night in the Clayton Hotel, Burlington Rd in front of 600 guests. Pictured with the Kielys are (from left) John Higgins, partner of sponsors EY; Conor Healy, chief executive of Cork Chamber; and Bill O’Connell, president of Cork Chamber. Photograph: Finbarr O’Rourke

Cork Chamber president says proposals for growth in other cities not ambitious enough

Ryanair chief executive Michael O’Leary: Airline was agreeing new deals that would result in Ryanair pilots being 20 per cent better paid than those in rivals such as Norwegian and Jet2. Photograph: François Lenoir

Letter to Ryanair lists representatives ready to discuss airline’s collective agreements

Traders  on the floor of the NYSE on Monday, November 20th. Photograph: Michael Nagle/Bloomberg

Market report: Roche shares jump almost 6% on positive news from experimental drug tests

The order is  worth almost €9.3bn at list prices, says Boeing. Photograph: Matt Mills McKnight/Reuters

Avolon has ordered 75 planes from US manufacturer with options to take 20 more

Aergo chief executive Fred Browne  with Derik Smith, chief executive of Safair:  Recent refinancing deal “gives us a significant amount of capital”, says Mr Browne.

Irish aircraft lessor has refinanced debt on 26 craft leased to 12 clients

Tourists carry their suitcases and luggage through Dublin city centre. Photograph: Bryan O’Brien

Expert says tourism research must be made a priority to capitalise on growth in visitors

Developer Gerry Barrett: employees at his hotels, cinema and retail park stand to keep their jobs under a rescue plan involving new investor Waltzfire.

Examiner tells 330 staff their jobs safe if court gives approval to Waltzfire rescue plan

Aer Lingus wants to grow the number of passengers on its North American services from Dublin to 4.5 million by 2020. Photograph: Cyril Byrne/The Irish Times

Airline to have at least 24 aircraft flying across Atlantic daily from 2022

 Hibernia Reit chief executive    Kevin Nowlan in  1WML, Windmill Lane: “Even though things are going really well at the moment, next year you will see less space built than this year.” Photograph:  Tom Honan.

Residential building codes biggest threat to growth, says commercial property veteran

Social Democrat TDs Catherine Murphy and Róisín Shortall. Photograph: Eric Luke

Move follows stand-off over Social Democrats co-leader’s refusal to reveal sources

Hibernia Real Estate Investment Trust said net rental income was up 31 per cent on the first half of 2016, rising from €16.7 million to €21.9 million

Investment group developing Windmill Quarter sees value of portfolio rise to €1.27bn

The case is expected to return to court following certain disclosures and forensic investigations. Photograph: iStock

Stellwagen claims three attempted to divert valuable business away from firm

Aircraft finance group Stellwagen recently got High Court interim orders barring three former executives from disclosing company information to others. Photograph: Daniel Berehulak/Getty Images

Case involving aircraft finance group could return to court on Wednesday

Chief executive, Peter Barrett, said SMBC was pleased with the performance

The value of SMBC Aviation Capital’s aircraft stood at $10.5bn at the end of September

The Central Bank applied to the High Court to have liquidators appointed to Charleville Credit Union in Cork following breaches of financial regulations by the lender. Photograph: Alan Betson

High Court appoints BDO accountants as liquidators after application by Central Bank

Pfizer wants to move 900 of its Irish workers from two non-contributory pension schemes, that offer them a proportion of their salary on retirement, to a new plan without that guarantee. Photograph: Andrew Kelly/Reuters

US company’s pension plans due to go before Labour Court on November 17th

Cairn beat analysts’ forecasts in September when it reported that profits for the first six months of 2017 grew more than €5 million to €7.7 million.

Analysts rank house builder as “outperform”

Kingspan chief executive Gene Murtagh. The insulation group said on Monday that the outlook for its markets is ‘relatively stable’.  Photograph: Cyril Byrne / THE IRISH TIMES

Insulation specialist says markets ‘relatively stable’ but ‘near-term indecision’ in UK

Long-standing shareholder Dermot Desmond sold his 26 per cent share in One 51 to Canadian investor CDPQ in May.  Photograph: Dara Mac Dónaill

Plastic container maker has terminated talks with private equity fund Capvest

One51 chief executive Alan Walsh. Photograph: Dave Meehan

Irish plastic container maker to proceed with plans for an initial public offering next year

Chartered Accountants’ Regulatory Board  (CARB): its conduct committee  has referred the matter involving Whelan Dowling & Associates for hearing before a disciplinary tribunal

Regulatory board to examine complaint from Business Expansion Scheme investor

Navillus has worked on several high-profile jobs, including One World Trade Center at ground zero.

Move comes after unions won $76m in back pay from Donal O’Sullivan’s company

Stephen Wheeler, MD of SSE Ireland. Photograph: Cyril Byrne

Division of international SSE electricity and gas has 780,000 customers in Ireland

Traders  on the floor of the NYSE, November 8th, 2017. Photograph: Reuters/Brendan McDermid

Kerry Group, CRH, Ryanair and Paddy Power Betfair see small gains in Dublin

Ryanair announced details of its summer 2018 schedule from Belfast International Airport on Wednesday.

Route was one of a number suspended for winter months following rosters mix up

The Gibson Hotel, in Dublin’s north docklands, was recently put up for sale with an €87 million price tag by receivers.

German group recently emerged as likely buyer of former Harry Crosbie property

Castlebar, Co Mayo. The council has confirmed that Opensparkz will not be buying the property in the town, throwing a question mark over the job-creation plan

Opensparkz had pledged to buy old Volex factory in Castlebar from council in 2015

Ryanair announced a number of improvements to its website, hotel rooms business and the launch of a new Chinese language website on Tuesday.

Move will allow transfers between flights at Portuguese airport

SMBC chief executive Peter Barrett said the capital contribution was further evidence of shareholder support for the Irish company. Photograph: Brenda Fitzsimons

Japanese owners to provide Irish company with new funds by end of March 2019

Siptu, which represents 1,500 non-craft workers at Aer Lingus,said they had voted by 53 per cent to 47 per cent to accept the pay rise offer.

Labour Court recommended that increase be paid over 39 months

Cork Airport: Almost 200,000 passengers passed through in October. Photograph: Daragh Mac Sweeney/Provision

Almost 200,000 people travelled through southern gateway in October

Enterprise Ireland chief executive Julie Sinnamon , Tánaiste Frances Fitzgerald and Dublin Aerospace chief executive Michael Tyrrell at the announcement of 150 new jobs at the company. Photograph: Alan Betson

Dublin Aerospace to fill almost 50 of the positions by the end of November

Recruitment drive: Aer Lingus is looking for experienced pilots to join the Irish airline. Photograph: Jason Clarke

Pilots from Monarch and Air Berlin respond to Irish recruitment call

Before working for Aercap, Tom Kelly worked with GE Capital Aviation Services.

Tom Kelly has been CEO of Aercap Ireland since 2010

Revenues at bookmaker Paddy Power Betfair rose by 9 per cent to £440million in the group’s third quarter, driven by 11 per cent growth in sports revenue. Photograph: Paddy Power Betfair/PA Wire

Revenues rose 9% in third quarter despite lack of major football tournament

Ryanair has not said how many of its 4,200 pilots have accepted new deals nor named all the bases that have agreed to them. Photograph: Andy Rain/EPA

Airline says it will pay Dublin-based captains basic pay of €84,650 from this month

Ryanair shares jumped 6 per cent as the company reported an 11 per cent rise in first-half profits to €1.3 billion. Photograph: Eric Gaillard/Reuters

Airline reiterates guidance for full-year figures, says cost of cancellations will be €25m

 Frank Cushnahan: According to Frank Connolly’s book, Chinese investors secretly approached by Mr Cushnahan were prepared to pay £1 billion for some of Nama’s loans.

Frank Connolly book looks at role of Project Eagle key player Frank Cushnahan

IAG chief executive Willie Walsh. Photograph: Niall Carson/PA Wire

Operating profits at parent IAG soar more than 20% to €1.45bn for first nine months

Southwest Airlines Pilots’ Association president Capt Jon Weaks and Allied Pilots’ Association president Capt Dan Carey. Photograph: Dara Mac Dónaill

Ryanair pilot problems could be solved at cost of a euro per ticket, US union chief says

Miniland at Legoland Windsor. Merlin shares edged higher by 1.2p to 369.3p amid news that it would invest £265 million to open a Legoland theme park in New York as it presses ahead with global expansion plans.

Bank of Ireland, PTSB and AIB rebound after ‘mauling’ over recent days

Seeking to grow US footprint: PM Group chief executive David Murphy

Design and construction specialist earned €10.6m profits in 2016

The Four Courts in Dublin. James Elliott Construction has ended two legal cases against Lagan Group subsidiary Irish Asphalt. Photograph: Bryan O’Brien

Construction firm accepts there was no basis for any claim for deceit or fraud

There are concerns that Ryanair crew members who are not trade union members would not have the same protections under Italian law as those who are if they took part in industrial action. Photograph: Regis Duvignau/Reuters

Industrial action by cabin crew and pilots pencilled in for Friday has been postponed

The two cables will carry enough electricity to power more than 800,000 homes. Photograph: iStock

Two cables connecting Ireland with France and Wales a step closer after CRU move

Lufthansa plans to spend €1.5 billion on buying 81 of the defunct Air Berlin’s aircraft and hiring 1,700 of its staff. Photograph: Maurizio Gambarini/AFP/Getty Images

German group expanding Irish services on back of growing demand

Nama’s Frank Daly says the agency has exceeded its target of  2,000 homes for social housing.

State assets agency generated €1.5bn in first half of 2017 mostly in property and loan sales

Pat Crean, the Irish developer who leads the Marlet Property Group

Irish developer set to make €450m from sale of ‘Dublin Living’ property portfolio

SIAC chief executive Martin Maher says  the group expects turnover to increase again this year

Turnover rose by 15%, with Irish builder expecting it to rise again this year

The Tánaiste and Minister for Business, Enterprise and Innovation, Frances Fitzgerald, brought the new legislation, the Companies (Statutory Audits) Amendment Bill, 2017 to the Cabinet on Monday.  Photograph: Stephen Collins/Collins

Bill due before Oireachtas is part of a range of measures to tackle white collar crime

A motor dealer must pay a €500 fine and €8,000 in compensation after being found guilty of falsifying the mileage on a car that he sold.

Businessman convicted of falsifying mileage ordered to pay €8,000 compensation

Apple’s offices on Half Moon Street in Cork: property dealers Cushman & Wakefield have predicted that properties in Dublin and Cork would continue to attract investment

Investors spent €529m buying commercial property in third quarter of 2017

The stand-off between pilots and Ryanair management has simmered since the airline was forced to cancel more than 20,000 flights. Photograph: Paul Faith/Getty Images

Meeting to take place as Ryanair pilots push for collective bargaining

The study commissioned by Airlines for Europe (A4E), whose members include Ryanair and Aer Lingus, claims that airports average earnings margins are 46 per cent, indicating “extraordinary levels” of profitability.

Airport dismiss findings and say they subsidise carriers

Stellwagen last week got interim orders barring former executives includin g Howard Millar (above) from disclosing company information to others and from interfering in its relationship with clients, investors, staff or commercial partners

Former senior executives, including Howard Millar, accused of secretly attempting to divert business away from aircraft lessor

Bus Éireann’s board approved a plan in May that involved cutting 240 jobs and other steps designed to save €20 million a year and stabilise its finances. Photograph: Aidan Crawley

State-owned rural bus operator lost €9.5m last year; accumulated losses now €22.4m

Davenport Hotel in Dublin. Photograph: Dara Mac Dónaill

Operator ‘transforming’ Stephen’s Green Hotel, the Alexander and Davenport hotels

Amounts staked by punters rose 13 per cent in 2016 to €92.8 million. Photograph: Eric Luke

Pool betting business pays €300,000 dividend to horseracing body as profits rise 36%

An aerial view of the Apple data centre site at Athenry, Co Galway, that got the go-ahead recently after the Commercial Court backed An Bord Pleanála’s decision to grant permission to build the €850 million facility.

State agency has identified up to 24 sites for data centre investments around Ireland

President Michael D Higgins addressing the Parliament of Western Australia in Perth earlier this month. Enterprise Ireland and the IDA are using his state visit to promote Irish exports and inward investment into Ireland.  Photograph: Richard Wainwright/EPA

Portwest, Fexco, Combilift and Akari among 55 firms taking part in President’s state visit

As Shell’s Corrib gas field was producing gas at a high rate during 2016, its value had to be written down.

Oil and gas giant reports Corrib sales of €182.2 million and costs of €359.4 million

Good Herdsman  is a leading producer of organic beef for home and export markets. It  has two plants, and slaughters about 6,000 cattle from certified organic farms every year

Tipperary-based Good Herdsmen has been working in partnership with ABP since 2010

The High Court heard that Charleville Credit Union  failed to bring its reserves up to the regulatory requirement of 10% of assets. Its reserves were just 3.5%  last June

Central Bank says it will refund union’s 12,000 members their €40m in savings

Liquidators have been appointed to Charleville credit union, after an application to the High Court by the Central Bank. Photograph:  Liam Burke Press 22

Efforts to resolve financial issues unsuccessful, but depositors will be repaid

Many are now wondering just how far down the road to completion will a transaction need to be to qualify for the old rate? Photograph: Paul Faith/AFP/Getty Images

There is considerable confusion over transactions that are under way but not complete

Aviation financier Howard Millar will have an opportunity to respond in court on Tuesday to Stellwagen’s claims.

Court hears three tried to divert business from Stellwagen while working for it

Budget measure: Stamp duty on commercial property including development land will increase to 6 per cent this week from 2 per cent. Photograph: iStock.

Government will ensure there are ‘no unintended consequences’ from budget measure

Rise and fall: Construction boom and bust cycles are putting young people off pursuing a career in the industry, says Iput’s Tom Costelloe. Photograph: Getty

Apprentices told there was no future are now wanted back, industry event hears

Leo Varadkar confirmed that his administration intends lifting the restrictions in city centres and along key transport routes. Photograph: Cole Burston/Bloomberg

Taoiseach tells construction industry he hopes to pass new laws by end of year

Gaelectric wind farm at Roosky, Co Roscommon. Photograph: Keith Arkins

China General Nuclear European Energy had been in talks over 50% stake in the Irish firm

Pilots’ group: Ialpa represents pilots at Aer Lingus and other airlines. Stock photograph: Nardus Engelbrecht/Gallo/Getty

Ialpa says Michael O’Leary must address pilots’ grievances

Michael McElligott of Tetrarch: has not said whether Tetrarch will bid for the hotel. Photograph: Brenda Fitzsimons

Four-star hotel in Co Tipperary currently leased by Irish investors Tetrarch Capital

The Government plans to spend €11 million cleaning up dumps next year. Photograph: Getty Images

Government spending plans include extra €4m for investigating tax evasion

The Government plans to spend €2 billion on improving roads, public transport and supporting tourism next year.

Government allocates €112m for spending on selling Republic as holiday destination

Ryanair has conceded that it faces difficulty recruiting and retaining pilots at some airports, including Dublin and London Stansted.

Representative council seeks assurances from airline before engaging in talks

A  survey shows that 61 per cent of Irish people have experienced email scams, the most common form of attack. Photograph: Getty Images/iStockphoto

New initiative aims to highlight problem and offer advice to businesses and customers

Ryanair’s chief executive, Michael O’Leary, said that Michael Hickey had made an enormous contribution to the airline during his time there. Photograph: Kevin Coombs/File Photo/Reuters

Man in charge of pilots and other day-to-day aspects to go after nearly 30 years

CRH’s shares fell 1.83 per cent to €30.915 in Dublin on Friday following the news. Photograph: Brenda Fitzsimons

Last-minute counterbid materialised on Friday from group founded by former CRH executive

Ryanair has announced that it will  fly 25 fewer aircraft than planned this winter, and has cancelled  thousands more flights between November and March, affecting  400,000 passengers. Photograph: PA Wire

Cancellations crisis rooted in change in approach to governing hours pilots spend in air

The Point Village shopping centre: Dunnes was meant to be the centre’s main tenant.

High Court has refused department chain store’s application to see leases signed by other tenants

United Airlines jets at O’Hare International Airport in Chicago

US carrier discontinuing the service because of the route’s poor financial performance

CityJet lost €30 million last year

Irish carrier lost money after investing in new aircraft to meet changing business needs

Transatlantic growth: Aer Lingus aircraft at Dublin Airport. Photograph: Cyril Byrne/The Irish Times

Airline’s Mike Rutter highlights turbulence as it announces Dublin to Philadelphia route

Investors expect Ryanair and International Consolidated Airlines Group, which owns owner of Aer Lingus and British Airways, to benefit from the failure of  Monarch. Photograph: Mary Turner/Reuters

Irish Stock Exchange outperforms peers, while UK and US share indices rise

Rockbrook in  Sandyford where Ires Reit has been refused permission for 492 apartments.

Development fails to comply with guidelines for residential areas, An Bord Pleanála says

Two grounded Monarch aircraft at Luton airport after the airline ceased trading. Photograph: Mary Turner/Reuters

Travel agents call for stricter regulation in wake of airline collapse

Former DAA chief executive Kevin Toland last month succeeded Owen Killian as chief executive of Aryzta. Photograph: Eric Luke/The Irish Times

Earnings of €847,000 to get boost of pension payment and bonus of up to 1.5 times salary

Séamus Fahy:  Merrion Vaults  runs a purpose-built safety deposit box facility on Dublin’s South Cumberland Street

Safekeeping specialist set to open in Liverpool’s landmark Royal Liver Building

Aer Lingus is due to announce details of its 2018 summer schedule and an extra transatlantic route this week. Photograph: Alan Betson

An extra transatlantic route, already served by one of its rivals, will be launched this week

The Health Service Executive and child protection agency Tusla accounted for €1.9 billion of the €2.2 billion legal compensation costs to the State in 2016.

State Claims Agency figures show cost of legal actions against State rising to €2.2bn

The Commission for Aviation Regulation has increased the limit on the number of passengers that can depart from Dublin during peak morning hours  to allow two extra flights to take off during that time. Photograph: Kate Geraghty

Aer Lingus says increasing hourly limits to 7,400 at peak times will cause more delays

Tánaiste Frances Fitzgerald:  “With the Irish economy recovering, the issue of the appropriateness of the amended financial thresholds requires revisiting.” Photograph: Eric Luke

Since 2014, takeovers of firms with turnover of €3m need competition body’s approval

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