Peter Barrett, chief executive of SMBC Aviation Capital,  who will attend this week’s Global Airfinance conference in Dublin. Photograph: Brenda Fitzsimons

New report highlights how the sector supports almost 5,000 jobs in the Republic

Briquette producer Bord na Móna is owed €420,000 by a Kildare-based auction house that has been placed in liquidation. Photograph: Cyril Byrne / The Irish Times

State company is owed €420,000 by Moybrone Holdings for equipment sold last year

Ryanair’s chief executive Michael O’Leary last month agreed to recognise pilot trade unions. Photograph: Alan Betson

International Federation of Airline Pilots’ Associations to discuss Ryanair at March conference

Aecom said that work started on 4,055 new homes in the first eight months of 2017, a 25 per cent increase “from a very low base2 during the same period in 2016. Photograph: iStock

Aecom report predicts a 14% increase in output value to €19.5 billion for 2018

Suir Valley is led by businessman Barry Downes, who sold Feedhenry, the mobile software developer that he founded, to US multinational Redhat for more than €60 million, in 2014

Investment company linked to Waterford-based Suir Valley to offer shares on LSE

Ryanair  said that pilots at all 15 of its UK bases, including Stansted, had voted to accept the pay increases and would receive them this month. Photograph: EPA

Proposal made prior to airline changing policy and recognising unions

Invicara’s BIM Assure software is used by Irish Property Unit Trust and Ballymore Group.

Firm has developed software that helps users save time and money on building projects

Natixis is the asset management arm of French bank BPCE. Photograph: iStock

Investment will support Airborne Capital plan to manage assets worth $5bn

Catherine O’Kelly: takes over from Dave Kirwan at the helm of the natural gas and electricity supplier

Oxford graduate Catherine O’Kelly led key changes at parent company Centrica UK

A Goodfella’s pizza. Photograph: Suzanne Plunkett/Bloomberg News

Production expected to remain at frozen pizza firm’s two bases, in Naas and Longford

Norwegian chief commercial officer Thomas Ramdahl said  the airline’s transatlantic services from Ireland made a strong start since they began in July

Airline will increase frequencies to Rhode Island and New York state from Shannon

Isolde Goggin, chairperson of the Competition and Consumer Protection Commission, said it did not block any proposed transaction in 2017. Photograph:  Eric Luke

Watchdog was notified of 72 deals involving businesses with combined sales of €56bn

Figures published on Thursday show Aer Lingus grew at the fastest rate of AIG’s carriers in 2017.

Distance travelled by paying customers of Irish airline grows 11.6 per cent in 2017

Nama has invested €350 million to date in refurbishing, finishing and buying properties to be used for social housing.

Agency says it has capacity to pay for building of 20,000 new homes by end of 2020

Aer Lingus has been focusing heavily on growing its transatlantic business over recent years. Photograph: Cathal McNaughton/Reuters

Hertz vice-president Bill Byrne to run airline’s North America business from end of month

John Palmer, principal officer, Department of Finance: acknowledged that returns from PAYE and the universal social charge (USC) had been lower than expected earlier in the year, but had improved since the third quarter. Photograph: Brenda Fitzsimons/The Irish Times

Exchequer returns come in at €58,376bn with surplus of €1.9bn

Ryanair said that it did not comment on negotiations with its pilots. Photographe: Aidan Crawley/Bloomberg

Airline carried 129 million passengers in 2017 but growth lags previous year

While both Ialpa and Spac have lifted their strike threats, Germany’s VC still has a mandate for industrial action. Photograph: Frank Rumpenhorst/AFP/Getty Images

Airline pledged to recognise unions to avert strikes

ICG chief executive Eamonn Rothwell. Photograph:  Mac Innes Photography

Ship will carry 1,800 passengers and crew and 330 containers on Dublin-Holyhead route

Bourse traders drink champagne after the last trading day at Frankfurt’s stock exchange. Photograph: Reuters/Ralph Orlowski

Euro set to go out on a high against the dollar

Ryanair calculated the cost of recognising organised labour at €100 million a year. Photograph: Bernd Settnik/AFP/Getty Images

Budget airline set to begin talks in earnest with unions representing pilots

Bus Éireann will ringfence the extra cash for its Expressway service, which faces most competitive pressure from private sector players. Photograph: Aidan Crawley

Move will bring payments into line with private sector rivals

The Whiskey Palace in the Palace Bar on Dublin’s Fleet Street, which is seeking to capitalise on the strong growth in sales of the spirit. Photograph: Alan Betson / The Irish Times

Spirits exports from Republic at €646m in first nine months of 2017

Bank of Ireland Economic Pulse: 40 per cent of people expect house prices to rise by more than 5 per cent in 2018. Photograph: Frank Miller

Bank of Ireland Economic Pulse suggests Brexit contributing to weakening sentiment

Retail Ireland’s rival body Retail Excellence estimated at the weekend that Irish consumers had spent €300m with UK websites in the first three weeks of December. Photograph: Dominic Lipinski/PA Wire

‘Black Friday’ ate into significant proportion of conventional Christmas shopping

“Irish employment law allows bogus self-employment, it allows arm’s length employment.” Evan Cullen, president of Ialpa. Photograph: Matt Kavanagh

Only surprise is that cancellations happened a year earlier than thought – Ialpa president

Passengers queue before checking in at the desk of  Ryanair in the FrankfurtHahn Airport in  Germany Photograph: Getty Images

VC group staged four-hour walkout involving 16 flights on Friday morning

Tractors: Bord na Móna regularly uses Paul Cooke Auctions to sell on tractors and machinery it is replacing with new equipment. The Kildare company successfully auctioned significant lots of such equipment in October. Photograph: Bryan O’Brien

Moybrone Holdings understood to be in debt to State firm as it prepares for liquidation

Ryanair said it had also submitted a set of proposals on pay and conditions for its Irish-based pilots. Photograph: AFP

News of action comes as trade union Impact calls off threat of a strike at Irish airports

German Airplanes Pilots Association  director of international affairs, James Phillips (2nd from left), arriving at the Carlton Hotel near Dublin Airport for talks with Ryanair. Photo: Garrett White

Airline describes meeting with German union as ‘cordial and productive’

Ryanair’s chief operations officer Peter Bellew and Eddie Wilson, director of personnel: Mr Bellew estimate the cost of recognising unions would be about €100 million a year.  Photograph: Stephen Collins

Talks with Impact fail to lift threat of strike at Cork, Dublin and Shannon airports

Ashley Connolly, Bernard Harbor and Angela Kirk of trade union Impact arrive at the Carlton Hotel in Dublin on Tuesday evening for their meeting with Ryanair management. Photograph: Stephen Collins/Collins

Airline’s pledge to recognise Impact not backed up by written confirmation, says union

Ryanair’s chief operations officer, Peter Bellew and Eddie Wilson, director of personnel, arrive at the Carlton Hotel ,Dublin as Ryanair management holds its first ever meeting with Ryanair pilots union IMPACT. Photograph: Stephen Collins/Collins Photos

COO Peter Bellew estimates it will cost airline €100m a year

Chief executive Michael O’Leary said on Friday that it would agree to recognise pilots’ unions to avert strikes planned for this week as people travelled for Christmas.

Move comes as airline plans to meet pilots over coming days

Ryanair’s share price closed down 2.1% at €14.61 in Dublin on Monday. Photograph: EPA

Dispute fuels investor uncertainty, clipping €600m off value

Traders on the floor of the New York Stock Exchange on Monday. The Nasdaq surpassed the 7,000-point mark for the first time in the early afternoon.  Photograph: Michael Nagle/Bloomberg

US stocks kick off penultimate week of year positively as Republicans reach deal on tax cuts

December racing at Cheltenham. Britain’s racecourses attract more than 6m  people a year, many of them new to or unfamiliar with the sport.  Photograph: Getty Images

Irish tech company currently works mostly with bookmakers supplying screens for their shops

Two losing bidders are contesting the award of a tender for tolling on the motorway. Photographer: Dara Mac Dónaill

US firm Transcore argues TII failed to comply with EU rules in giving contract to Turas

Carechoice’s acquisition of Knightsbridge Care Village in Trim, Co Meath, will bring its long-term residential care beds to 620 and total staff numbers to 800.

Deal worth €20 million for 117-bed Trim facility to grow Carechoice group to 620 beds

Ryanair’s chief people officer, Eddie Wilson, dismissed any speculation that the move to recognise unions would change Ryanair’s disciplined approach to controlling costs. Photograph: Hayoung Jeon/EPA

Michael O’Leary changes long-standing policy following talks with board members

Ryanair CEO Michael O’Leary said the airline would jettison its policy of refusing to recognise labour groups. Photograph: Eric Luke

Strikes for next week not yet called off, despite airline agreeing to recognise unions

Up to 117 members of the Irish Airline Pilots’ Association  working for Ryanair look set to go ahead with their planned action on Wednesday

Airline wrote to pilots’ unions offering to begin talks on recognition in bid to avert strikes

In a statement, Impact confirmed that it had contacted Ryanair and sought an immediate meeting with management to “clarify issues and make progress”

Company jettisons long standing policy and says it will negotiate with pilots’ groups

Representation row: Ryanair argues that its existing structure is already a fair collective bargaining system and that it has the Supreme Court’s approval.  Photograph: Clodagh Kilcoyne/Reuters

Unions face challenge co-ordinating campaign but several bases are ready to strike

Ryanair’s options may include bringing in pilots from other bases in Europe, using training captains  and calling on crew kept on standby. Photograph: Clodagh Kilcoyne/Reuters

Airline insists only minority of pilots plan disruptive action for December 20th

Andrew Frazer, chief operating officer of Glantus. Photograph: Iain White/Fennell Photography

Deal with UK service provider understood to be worth about €10m over three years

Ryanair  check-in counter at Berlin Schoenefeld. Photograph: Epa/Hayoung Jeon

Move follows planned pre-Christmas pilot stoppages in Republic and Italy

Dave Kirwan: will become Centrica’s managing director of customer operations in January,  responsible for more than 12,000 workers who handle more than nine million customers around Britain

MD has led natural gas and electricity supplier through 2014 takeover by UK company

Ryanair pilots are campaigning for a new collective bargaining system to replace the employee representative councils that negotiate for staff at each of the airline’s 80-plus bases across Europe

Row over representation sees Ryanair pilots in other European countries signal similar action

First Citizen Finance’s  deficit resulted from a car loan collection business it ran for Consumer Auto Finance Receivables. Photograph: Willie Thomas

Leasing firm expects stronger performance in 2017 after winding down car loans business

Kennedy Wilson owns €1 billion worth of propert in the Republic including Marshes Shopping Centre in Dundalk, Co Louth.

Kennedy Wilson owns €1bn worth of property including Shelbourne Hotel

Ryanair CEO Michael O’Leary: partnership with Amadeus will end on December 15th after the pair failed to reach a renewed commercial agreement.  Photograph: Nick Bradshaw

Airline will continue to service travel agents through deals with Travelport and Sabre

Aer Lingus began flying from Dublin to Miami this year. In 2018, it plans services to Philadelphia and Seattle. Photograph: Paul Faith/AFP/Getty Images

Irish airline, bought by group for €1.5bn in 2015, was worth €2.2bn at end of 2016

Members of the Irish Airline Pilots’ Association who work for Ryanair are understood to be voting on a ballot for industrial action up to an including strike. Photograph: Eric Gaillard/Reuters

Pilots said to be following legal advice to comply with industrial relations legislation

Ryanair headquarters in Dublin. Photograph: Clodagh Kilcoyne/Reuters

Two agencies that staff airline withdraw favourable rosters for ‘underperformance’

The bakery group’s chairman  acknowledged  that the vote in favour of the compensation report was lower than the board would have liked.

Investors with 46 per cent of company voted against food group’s compensation report

Over the 12 months to July 31st, ICCL returned €387,000 to former CHC clients on foot of 20 claims certified by the defunct broker’s liquidator, Kieran Wallace of accountants KPMG. Photograph: Niall Carson/PA Wire

Broker liquidated in 2011 after misappropriating €66.5m from customers

One51 chief executive Alan Walsh and Hugh McCutcheon, interim chairman, at the company’s EGM in Dublin ON Wednesday. Photograph: Dara Mac Dónaill

Meeting passes key resolutions needed to ready business for stock market launch

Nama chairman Frank Daly and chief executive Brendan McDonagh have been forced to defend the agency’s decision to sell its Project Eagle loans in Northern Ireland to Cerberus. Photograph: Matt Kavanagh

Accounts show Cerberus subsidiary used to buy loans made €9 million loss in 2016

Slow growth in world dairy production drove an estimated 30 per cent increase in farm milk prices in 2017.

Dairy farm incomes set to top €90,000 on average this year, up about €40,000 on 2016

Shannon Airport. Jetpower  plans to open a European base in the Shannon free zone business park. Photograph: Getty Images

Aircraft parts supplier to open European base in Republic

Norwegian Air International began flying from Cork to Providence, Rhode Island, in July, the airport’s first transatlantic route

Airport managing director says Cork has ‘Brexit-proofed’ business by diversifying into new routes

Knightsbrook Hotel Spa & Golf Resort: profitable in 2015, but assets still fell €1 million short of liabilities

Fairfield backs Irish investors to buy Meath hotel from Cusack group

Boeing shares hit an all-time high at $281.83 on Monday, gaining 3.9%. Photograph: Getty Images

Construction and bank stocks are big beneficiaries in Europe

The regulator says “owners of generation plants will make a commercial decision as to whether or not they remain in operation based on all their revenues in the market”. Photograph: The Irish Times

Only cheapest and most efficient plants to get ‘capacity’ payments under incoming regime

Deliveroo has 430 restaurant customers in Ireland. Photographer: Luke MacGregor/Bloomberg

Report commissioned by delivery service shows revenue lift for restaurant clients

Aer Lingus finished ahead of British Airways in the rankings. Photograph: Reuters

Airline named third cleanest and quietest flying into London hub

Stellwagen Investment Company is a fund managed by Stellwagen Capital. The group established it to raise cash to provide finance to airlines to buy aircraft.

Money will be used to grow company’s assets under management

American Airlines, which flies year-round from Dublin to Philadelphia in the US, faces difficulties with up to 15,000 flights between December 17th and 31st because of a problem with pilots’ holiday rosters.

Mix-up over pilots’ rosters risks 15,000 cancellations

Mick Wallace:  has consistently raised questions in the Dáil over Cerberus’s €1.6 billion purchase of  Nama’s Northern Ireland loans in 2014

Government has axed an incentive used by such companies to minimise their tax bills

 Norwegian Air has begun hiring pilots to work at a permanent base that it intends establishing at Dublin Airport. Photograph: Bloomberg

Stewart International Airport says traffic up 53% this year

Aeromexico is one of Dublin-based SMBC’s longest standing customers. Photograph: iStock

Transaction is Irish lessor’s largest to date with the Mexican airline

Franklin House: Manley ran into difficulty on three projects, including Franklin House, an office block in Ballsbridge, Dublin. Photograph: Bryan O’Brien

Builder gets High Court protection from creditors to allow it to restructure

Ocado was among the best performers in London, surging over 20 per cent after it announced a long-awaited international partnership, signing a deal with French supermarket giant Groupe Casino.

Volumes light on Iseq though Permanent TSB advanced 2.32% on thin trading

Ryanair chief executive Micheal O’Leary has consistently refused to recognise trade unions at the airline. Photograph: Cyril Byrne

Balpa intends establishing a Ryanair negotiating body following requests from pilots

Both the Airlink and Safair brands will continue to operate separately with their respective fleets, products and management teams. Photograph: iStock

ASL’s low-cost carrier, Safair, to merge with rival Airlink, subject to regulatory approval

Meredith Corp. on  NYSE display board. November 27th. Photographer: Michael Nagle/Bloomberg

Irish-Swiss food group Aryzta rose by more than 4% in Dublin following trading update

Sumatran tiger cub   born in  May  to mother Dourga and father Denar at  Fota Wildlife Park. Photograph:  Darragh Kane

Surplus of €730,000 recorded at Cork wildlife charity

 Aer Lingus’s balance sheet strengthened during 2016, with net assets growing to €1.9 billion on December 31st, 2016, from €1.8 billion the previous year. Photograph: Cathal McNaughton/Reuters

Year-end report shows Irish carrier had operating profits of more than €230m in 2016

Pacnet recently asked a New York court to hold $5.2 million in client funds

Payments processor says false claims of criminality have wiped out its business

 Fitzwilliam Hotel, St Stephens Green,  Dublin. Photograph: Dara Mac Dónaill

Ampleforth, which also owns the Bailey bar and Irish Welcome Tours, posts €4m profit

Wood pellets: Bord na Móna has to stop using peat to generate electricity by 2030. Photograph: Getty Images

State company plans to ship product from US to Republic as fuel for electricity generators

Cork Airport.  Photograph:  Daragh Mac Sweeney/Provision

Acquisition of new Boeing aircraft may make route possible given Cork’s shorter runway

Citroën currently has just under 1 per cent of the new-car market in the Republic, with 1,285 registrations recorded this year up to the end of October.

Company backed by State investment fund to provide funds dealers need to buy vehicles

Grafton Street.\Photograph:Cyril Byrne

Bank of Ireland report says one in five households plans to increase their spending this year

Donal O’Sullivan: in a high-stakes battle to save his New York building company, Navillus.

Donal O’Sullivan’s Navillus ordered by US court to pay $76m to settle union dispute

Directive allows holidaymakers to cancel trips with no penalties to destinations suddenly hit by natural disasters, war or other serious situations. Photograph: iStock

Price rise caps and greater power to cancel holidays without penalty among measures

Ryanair said: “This worthless letter from competitor pilot unions has no validity”

Move follows similar messages from Irish, Swedish and Italian pilots this week

Paddy Power Betfair is already a major player in Australian gambling.

Australian online gambling firm a target for Britain-focused companies seeking diversification

Construction of a Boeing 777x aircraft, which will be the biggest aircraft built by Boeing when it enters service over the next two years. Photograph: Getty Images

Hangar will house Boeing’s biggest aircraft at Gatwick Airport

Bus Éireann chief executive Ray Hernan said December 3rd would be a “watershed moment” for the company. Photograph: Dara Mac Dónaill

Company in process of completing restructuring programme and ‘business is turning around’

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

More articles