National Asset Management Agency chief executive Brendan McDonagh and chairman Frank Daly. The agency did not comment on news that two men, Frank Cushnahan and Ian Coulter, are to face charges. Photograph: Matt Kavanagh

Two men face charges following an investigation by the UK National Crime Agency

SOS is demanding that aid given to Aer Lingus must be tied to the airline resuming services from Cork and Shannon airports. Photograph: Arthur Ellis/Press22

SOS – Save our Shannon group says it fears for the airport’s future

The Italian regulator warned that if the breaches continue, it would consider suspending Ryanair flights to and from Italy.  Photograph: EPA

Airline says it is complying fully with anti-virus measures

Cork Airport managing director Niall MacCarthy said the aviation sector needed a clear path to recovery.

Traffic collapses 91 per cent during airport’s busiest month of July

Northern Ireland lags the Republic when it comes to remote working, with 18%  of workers operating from home compared to 41%  in the South. Photograph: Getty Images

Cross-Border trade body Intertrade Ireland says almost one in four of businesses surveyed have cut jobs

The court order setting aside a sectoral employment order governing pay and conditions for electrical contractors is ‘effective immediately’

Employment order made setting electricians’ pay at €23.49-€24.34 per hour will not apply

Just 83,000sq ft  of office space was let in the second quarter of this year, the period when  the lockdown was most severe. Photograph: Getty Images

Agents Knight Frank says logistical challenge of signing deals during lockdown the biggest barrier to letting offices in second qu(...)

Aer Lingus chief executive Sean Doyle has said that he cannot  rule out compulsory job losses. Photograph: Alan Betson

Airline workers fear winter shutdown as Government persists with travel restrictions

IPL Plastics chief executive Alan Walsh: Irish shareholders, who hold 25-30 per cent, want the company to establish whether or not it can secure a better offer before accepting the Madison Dearborn bid.  Photograph: Dave Meehan

Irish-Canadian plastics firm may pay €12.3m to Madison Dearborn in ‘go-shop fee’ accord

Larry Goodman: The Competition and Consumer Protection Commission has permitted him  to fully acquire Blackrock and Hermitage clinics.  Photograph: Alan Betson

Rulings give green light to Larry Goodman for full control of private health institutions

Aer Lingus  has already signalled that it could have to cut up to 500 jobs. Photograph: Tom Honan

Airline loses €316m in first half as travel bans hit Europe, US

About 10,000 to 15,000 people pass through Dublin Airport every day, compared to the 110,000 to 120,000 it would normally expect. Photograph:  Colin Keegan, Collins Dublin

Airlines and airports believe Government policies make it hard to maintain even limited services

Grounded Boeing 737 Max aircraft at Boeing Field in Seattle, Washington, in July 2019. File photograph: Lindsey Wasson/Reuters

Obligations relate to orders for 135 of aircraft grounded by regulators on safety concerns

Ryanair CEO Michael O’Leary:   he took a 50%  cut in basic pay to €250,000 a year in April as Covid-19 travel bans grounded the group’s airlines

Share options boosted value of chief executive’s total package to €3.467m

IPL chief executive Alan Walsh. The company’s Irish backers maintain that since the plastic maker floated on the Toronto market in 2018, raising €120 million, it has largely ignored their interests: Photograph: Dave Meehan

Shareholders led by Noel Smyth to press on with complaints against plastic maker

The scheme, which was supported by a majority of the CityJet’s creditors and shareholders, also sees tens of millions of euro of its debt being written off. Photograph: Nick Bradshaw

Proposal would allow Dublin-based airline continue on ‘a slimmed down’ basis

Hibernia Reit chief executive Kevin Nowlan says the coming months will provide more clarity on rents and yields in Dublin’s office market. Photograph: Tom Honan

Despite rise in home working, developer expects offices to remain ‘integral’ to business

A plummet in traffic at Dublin and Cork airports has led to losses of €100m to date at the DAA. Photograph: Alan Betson / The Irish Times

Ryanair warns of long-term economic damage if travel restrictions continue

Sinn Féin TD Matt Carthy said it ‘defied credibility’ that welfare officials could ‘just rock up to Dublin Airport’ to quiz arriving passengers. Photograph: Alan Betson / The Irish Times

Company complies with data regulations, CFO tells Covid-19 committee

Dublin airport. The DAA says Dublin and Cork airports are losing €1m  a day between them. Photograph:  Stephen Collins/Collins Photos

Shannon Group to warn that Government travel restrictions threaten multi-national investment and will cause job losses

The Corrib field off the west coast supplies  two-thirds of the country’s natural gas needs

Ireland’s natural gas reserves will run out by the middle of the decade, potentially leaving the country relying entirely on impor(...)

The State faces fines of €15,000 a day to the EU as ESB did not complete an environmental impact assessment for Derrybrien when it sought planning permission for the wind farm. Photograph: Aidan Crawley

State company to seek substitute consent wind farm in Co Galway

Shannon Airport split from the DAA in 2013, and is now part of the combined aviation, property and tourism State company Shannon Group. Photograph: Getty Images

Airport should return to DAA control, says trade union

The Government has handcuffed the aviation industry and ‘thrown it in the river’, said pilot union leader Evan Cullen. Photograph: Tom  Honan for The Irish Times.

Covid-19 committee told airline losing €1.5m a-day with overseas travel restrictions in place

Dublin Providers Ltd: There are “significant risks and uncertainties facing the group at this time due to the outbreak of the Covid-19 pandemic”. Photograph: Chris Ratcliffe/Bloomberg

Pretax profit slips 5% in figures predating coronavirus as chain looks to cut costs

From  September 17th the State will pay €203 per week to those who earned less than €200 a week before Covid-19 struck. Photograph: Getty Images

Minister says State will spend a further €100m providing 45,500 new places on job schemes to aid those out of work

Bord na Móna suspended peat harvesting in June.  Photograph: Cyril Byrne

State company has seven applications before An Bord Pleanála for ‘substitute consent’

Nama recorded a loss of €49 million for the quarter – against a €41 million profit over the same period last year. Photograph: Cyril Byrne / The Irish Times

State agency earned €226m in cash in the three months to the end of March from selling loans and property, and repayments from bor(...)

Bord na Móna has warned that it continues to operate in a “challenging business environment” complicated by Covid-19. Photograph: Getty Images

The State company also managed to eliminate debt, clearing almost €24m in liabilities during the year

Central government collected €84.6bn  of 2019 revenues. Local councils collected the rest through commercial rates levied on businesses, social housing rents and other sources. Photograph: Getty Images

the State collected more than €64.5bn in income and taxes last year, compared to €60.5bn in 2018

Cork was the fastest growing airport in the Republic, with passenger traffic increasing 8 per cent last year and 6 per cent in January and February 2020.

Fall in air travellers predicted to cost €23m in revenue

The  Renewable Energy Support Scheme will have a budget of between €7.2 billion and €12.5 million over five years to 2025.  Photograph: Ben Curtis

Plan will guarantee prices paid to wind and solar power generators for the electricity that they produce

Aircraft Leasing Ireland represents 32 lessors, which provide craft to airlines around the world, supporting 5,000 job and generating around €575 million for the Republic’s economy.

GECAS executive takes top role at lobby group

Heronvale sought permission for the Shaldon Grange development on July 8th. An Bord Pleanála is due to decide on the application by October 27th. Photograph: Chris Ratcliffe/Bloomberg

Developer seeking planning permission under fast-track scheme

David McCann joined Fyffes in 1985

Helge Sparsoe to join fruit importer as McCann’s 35-year involvement with firm ends

Airline stocks including British Airways parent IAG fell on Thursday’s markets. Photograph: Chris Ratcliffe/Bloomberg

Airlines slip, while weak spending in China weighs on luxury stocks

A health professional prepares a needle during human trials for a Covid-19 vaccine in Brisbane, Australia. Photograph: Glenn Hunt/EPA

In Dublin, Ryanair Holdings among shares to gain on hopeful Covid-19 news

People on the corner of Dame Lane and Dame Court in Dublin during a  recent weekend.  It is thought some recent clusters of coronavirus have been linked to congregated settings. Photograph: Barry Whyte/Newstalk Radio/PA

Public health team fear virus may accelerate if extra congregated settings are available

Aercap chief executive Aengus Kelly. Photograph: Dara Mac Dónaill / The Irish Times

Restrictions make State an ‘outlier’, according to Aengus Kelly

The union’s rejection of the Aer Lingus recovery plan now raises the possibility that the airline will begin formal talks on redundancies with the union. Photograph: Tom Honan

Siptu members vote against the airline’s Covid-19 crisis proposals

Ryanair has called on the Government to remove all travel restrictions between the Republic and EU as a matter of urgency.

Government quarantine rules make no sense, Ryanair argues

Tom Parlon, director general of the CIF, called for a Government-backed shared-equity scheme that would aid people in buying homes and ensure the Republic built 20,000 dwellings this year.

Construction magnate Michael O’Flynn urges discussion of Central Bank regulations

Arclight is pursuing the Spanish government for breach of contract through an arbitration process overseen by the World Bank. Photograph: Alan Betson

Arclight recently raised €43m through a bond issue, which was taken up entirely by private equity giant Blackrock

All data will be controlled by Tipperary GAA in line with data protection laws, using Future Ticketing and Amazon technology. Photograph: ©INPHO/James Crombie

Tipperary GAA does deal with Future Ticketing for club match attendances

Government task force on aviation recovery calculates that around 140,000 jobs depend directly and indirectly on aviation in the Republic. Photograph:  Kenneth O’Halloran

Report recommends extension of temporary wage subsidy scheme until June 2021

Ryanair has pledged to restore pay over four years in return for crew accepting the deal.

Fórsa members vote for deal to avoid redundancies at airline

Ryanair said it had been inundated with complaints from customers about unauthorised screen scrapers. Photograph: Reuters

Two of sites named reject airline’s claims

Nordic Aviation: creditors have agreed to shelve repayments on its   debt for up to 12 months. Photograph: iStock

Limerick-headquartered aircraft lessor has $2 billion in equity

IDA chief executive Martin Shanahan said the State’s solid performance in attracting investment over the past five years had left it in a strong position. Photograph: Dara Mac Donaill

Martin Shanahan says ‘no room for complacency’

Unions at Shannon Airport are seeking immediate talks following the announcement by the company that it intends to cut pay by 20% until April 2023

Unions claim the voluntary redundancy terms offered by the airport are completely unacceptable

Dublin-headquartered Avolon cancelled orders for 27 Boeing 737 Max aircraft due for delivery from this year to 2022

Irish aviation lessor had already cancelled orders for 75 Max aircraft in the first quarter of this year

DAA, which is responsible for Dublin and Cork airports, owns its shares in Dusseldorf airport through its subsidiary Aer Rianta International. Photograph: Dara Mac Dónaill

The German airport, in which DAA holds a 20% stake, may need an interest-free loan of €100m as it is running out of cash

A Deloitte office in the Netherlands. The firm’s Irish member topped the league table of corporate deals for the first half of this year.

Big Four firm advised on eight deals, worth a combined $556m in the first six months of 2020, topping the league table here

Mike Glennon, of sawmill group Glennon Brothers, predicts that the Republic will have to begin importing timber to build houses. This is despite the 770,000 hectares under forest in the State. Photograph: Peter Byrne/PA

Licensing system unable to process applications or deal with appeals, threatening thousands of jobs, industry says

Wall Street rose     after a record-setting increase in monthly US jobs pointed to a rebound in business activity following the easing of coronavirus-led lockdowns. Photograph:   Angela Weiss/AFP via Getty Images

On the Iseq, Ryanair, CRH and AIB advance while Smurfit Kappa falls nearly 4%

The deal aims to avoid redundancies by cutting pay by up to 10 per cent, but restoring wages over the agreement’s life. Photograph: EPA

Union deal for Irish-based crew aims to save jobs after lockdown

The delays have forced State forestry company Coillte, which supplies about 75 per cent of the logs that sawmills need, to cancel auctions. Photograph: Getty Images

Industry figures say backlog of forestry licensing and appeals threatening jobs

The ruling by Justice Simons means all three sectoral employment orders made by the last government are no longer valid. They  governed  conditions for building workers, plumbers and electricians

Contractors that supported the sectoral employment order are said to be mainly big players based in Dublin

Shoppers’ caution about spending eased this month as Government Covid-19 restrictions eased allowing some to return to work, a survey published today shows.

Bank of Ireland survey shows caution about spending easing as Covid-19 restrictions end

MyHome and Davy figures show that the asking price for houses offered for sale in the Republic over the second quarter fell 2.9% on the same period in 2019.

Covid-19’s impact on market may not be clear until third quarter, notes review

Ryanair sent pilots a memo asking them to accept proposals including a 20% pay cut.

Airline sent pilots a memo asking them to accept proposals including a 20% pay cut

Aer Lingus aircraft pictured at Dublin Airport: the airline may reduce planned redundancis. Photograph: Cathal McNaughton/Reuters

Airline had said 500 jobs would go but numbers will now depend on Siptu ballot

The Dutch government said it would provide Air France-KLM’s Dutch subsidiary KLM with a €3.4bn package to help it survive the coronavirus pandemic.  Photograph: Getty Images

News of delayed launch comes as Ryanair calls on EU to block €3.4bn KLM subsidy

Ryanair’s Eddie Wilson dismissed as meaningless Government plans to allow air travel only with countries with similarly low rates of coronavirus. Photograph: Bloomberg

Aviation taskforce member says group told Government to decide immediately on dropping quarantine after first meeting on June 12th

Regulations requiring those arriving in Ireland to tell the authorities where they will self-isolate are in place until July 9th. Photograph: Brian Lawless/PA Wire

Cabinet unlikely to drop 14-day quarantine restrictions despite aviation taskforce calls

Solicitor and shareholder Noel Smyth says he will report  IPL Plastics, led by Aidan Walsh (above), to stock market regulators over the conduct of its agm. Photograph: Dave Meehan

Irish shareholder angry over inability to ask questions of company at agm

The Government should axe its controversial Covid-19 quarantine on incoming passengers by next week, a State-appointed task force says.  Photograph: Kate Geraghty

Report says 14-day isolation period makes business and other travel hard

Dublin-based pilots from Cityjet picketing outside the company’s headquarters at Swords Business Campus, Co Dublin. Photograph: Dara Mac Dónaill

Demonstration took place at airline’s headquarters near Dublin Airport

Cityjet pilots facing the possible loss of their jobs will protest at the Irish airline’s headquarters in Dublin on Tuesday.  Photograph: Nick Bradshaw

Around 270 jobs with company, including 57 pilots, at Dublin Airport are at risk

Aer Lingus pointed out that the Republic’s 14-day quarantine for incoming travellers had exacerbated the already catastrophic impact of Covid-19 travel bans on its business. Photograph: Tom Honan

Cuts to come across support staff, ground crew, maintenance roles and cabin crew

Aer Lingus is planning daily flights to Malaga on Spain’s Costa del Sol, Lanzarote in the Canary Islands and Faro in Portugal as Covid-19 restrictions are lifted. Photograph: Tom Honan

Airline says it will row back on pay cuts and lay-offs if unions agree to changes

A sign of the times.

Top 1000: All around Ireland, businesses large and small have reimagined what they do and how they do it

The biggest development to get  approval in 2019 was a complex at Glasnevin  proposed by Dublin City University  with 1,240 bedrooms. Photograph: Cyril Byrne

Student accommodation business facing uncertain future

Passenger numbers at Dublin and Cork airports are down 98 per cent compared with last year. Photograph: Colin Keegan/Collins

Hand sanitisers, screens and socially-distanced queues to greet travellers

Workers voted over recent weeks while the result of both ballots emerged on Wednesday. File photograph: The Irish Times

Workers support proposals to restore one plan but shun propositions for another

Bastien Grandgeorge (right), chief executive Decathlon Ireland, and Kieran O’Shea, store leader, outside the new Decathlon in Ballymun, Dublin. Photograph: Dara Mac Dónaill

French sports giant seeks hurling equipment supplier

Revenue published the Defaulters’ List for the first three months of this year showing that 35 taxpayers settled for a total of €6 million during the period.

Defaulters list show 35 taxpayers agree to pay total of €6 million in first quarter

Accounts just published for the company show returns on its investments topped €2.24 billion last year, against a €636 million loss in 2018.

Life and pensions business made €74m profit last year but warns of Covid-19 hit

Digicel announced on Monday that it was extending the expiry date for bond holders to consent to changes to the agreements governing senior bonds that the company is due to repay in 2024.

New expiry date is June 19th

Moneylenders will be barred from making unsolicited offers of new loans to customers who have recently repaid loans, or are close to doing so. Photograph: Alan Betson / The Irish Times

Central Bank to curb unsolicited offers of credit

Tesco Ireland  intends supplying more than 6,400 tonnes of waste food a year from its stores in the Republic to Kildare-based Green Generation

Tesco Ireland intends supplying 6,400 tonnes of waste food a year to Kildare-based Green Generation for conversion to methane

Accounts for the seven universities represented by the Irish Universities Association show they earn about €70 million a year renting out rooms to students. Photograph: Dara Mac Dónaill

Loss of students will be felt most keenly by the providers

The foreign exchange and money-transfer business is based in Killorglin, Co Kerry. Image: iStock

Financial services company employs 1,000 in Republic, mostly in Kerry

Emirates said it was implementing comprehensive safety measures, including distributing kits containing masks, gloves, hand sanitiser and wipes to all passengers

Passengers warned they must comply with Covid-19 restrictions in destination countries

Ryanair has vowed to defend vigorously the class-action case taken against the airline in the US by a group of shareholders. Photograph: Will Oliver/EPA

Court dismisses some claims made in class-action case against airline

The Commission for Aviation Regulation said it intended ‘to work with all stakeholders to review the 2019 determination in light of Covid-19’. File photograph: Colin Keegan

Commission for Aviation Regulation confirms crisis likely to make it rethink ruling

Deloitte: ‘This is an important investment for our business.’ Photograph: iStock

Firm evolving beyond traditional accounting services with move for tech consultancy

Implementing the rules could require employers to review how many people they can have in the office at a time. Photograph: iStock

Speculation about virus’s ability to spread through air-conditioning systems

A VHI spokeswoman says it is refunding an average of 50 per cent of premium payments to each customer for the three months of public takeover.

State takeover of private hospitals forces insurance firms to partially refund premiums

AES is one of the Republic’s leading players in waste management and recycling.

AES to collect and manage domestic waste from company run by ex-rugby international Shane Byrne and his brother William

Irish manufacturers were more optimistic about the coming 12 months in May than in April. Photograph: iStock

Sector continuing to perform better than 2008-2009, when index hit record low

Hugh Flynn is to retire after almost 35 years in commercial aviation with the last 22 years as group chief executive at ASL Aviation Holdings. Photograph: David O’Shea

Head of Irish airline group’s leasing arm to succeed Hugh Flynn as chief executive

Covid-19 wiped out demand for soft skills. No businesses signed up to train staff in wellness or assertiveness during the crisis period.

Talentpool found its clients shifted focus back to areas like sales and cash management

Mr Kevin Moran, managing director IMS Marketing, Ms Julie Sinnamon, CEO Enterprise Ireland and  Ms Nan Gou, programme director, ESMT Berlin at the presentation of the ‘Excellence in Practice Silver Award’ from the European Foundation for Management Development (EFMD) to IMS Marketing.

Agency aided 19 companies in breaking into Europe

Ibec CEO Danny McCoy: ‘Length of the lockdown will help determine the scale of the fall in economic activity.’ Photograph: Alan Betson

Danny McCoy also says Government should halve the social distancing rule to 1m

Brexit means Coillte  faces ongoing uncertainty. If the UK ends the current transition period with no trade deal with the EU, timber could be hit with 6%  tariffs

State forestry company sold its highest volume of timber ever in 2019, but fall in prices meant revenues dipped 1% to €327m

People wearing protective face masks walk through Terminal 2 in Dublin Airport. Photograph: Brian Lawless/PA Wire

Passengers and crew must already wear face masks

The Irish Airline Pilots’ Association  believes the airline will use pilots based in Scandinavia to fly Irish-registered craft out of Dublin once services resume following the Covid-19 crisis. Photograph: iStock

Airline begins redundancy talks with pilot association as part of plan to cut 280 jobs

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