Little Things

- Accounts just filed by a company related to Irish airline Aer Arann give an insight into its leasing arrangements.

-Accounts just filed by a company related to Irish airline Aer Arann give an insight into its leasing arrangements.

Arann Aircraft Leasing Ltd recorded finance lease income of just more than €1 million while interest payments were slightly higher giving rise to a loss of €7,539 in 2008.

It had loan commitments of €19.6 million at the end of 2008.

Auditor Ernst Young said there was “significant doubt” over its ability to continue as a going concern.

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-Michael Fingleton jnr, son of the former Irish Nationwide chief executive of the same name, has been relocated from the society's London base to its office in Belfast.

Michael jnr was responsible for Irish Nationwide being fined €50,000 by the Financial Regulator in 2008 after he circulated an e-mail soliciting new deposits on the back of the Government’s bank guarantee.

The Belfast office is assessing bad loans on the society’s €4 billion loan book, so he should be kept busy.