Ryanair results, Objections to Donnybrook apartments, and ComReg’s lack of staff
Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk
Minister for Communication Denis Naughten who has been urged to beef up the resources and powers of telco regulator ComReg. Photograph: Cyril Byrne / THE IRISH TIMES
In breaking news this morning, Ryanair profits fell 20 per cent to €319 million in the three months ended June 30th on lower air fares and higher costs. Barry O’Halloran reports
Barry is also writing about some 70 objections that have been lodged with Dublin City Council in opposition to a plan by property player Avestus to construct 94 apartments on a site of less than half a hectare on Eglinton Road in Donnybrook.
ComReg is seriously understaffed with an additional 70 employees needed to help it carry out its duties, Minister for Communications Denis Naughten has been warned by Alto, the telecoms lobby group. Charlie Taylor has the details