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

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

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