Norwegian hopes to emerge from the Irish examinership in April, after which it could initially fly up to 53 aircraft, depending on how Covid-19 travel restrictions hit bookings. Photograph: PA

Troubled carrier due in High Court on Thursday

Chinese citizens accounted for 1,088 individual investors in the Republic from a total of 1,166 since the start of the Immigrant Investor Programme. IIlustration: iStock

Chinese citizens largest users of Government cash-for-residency scheme set up in 2012

Aer Lingus is keeping its 2021 schedules under “constant review” while officials weigh introducing extra quarantines or banning travel from some regions. File photograph: Cathal McNaughton/ Reuters

Industry will need support if Government tightens travel restrictions, trade union says

Despite the deal allowing for zero tariffs on goods traded between the UK and EU, Irish businesses are encountering delays and problems in trade with Britain. Photograph: Gareth Chaney/Collins

Warning comes as Irish businesses wrestle with trade difficulties

Kingspan maintains that it would never have recommended that its products be used on Grenfell when the tower block was refitted

Liontrust highlights ‘serious concerns’ raised by inquiry into London tower block disaster

Norwegian and five Irish subsidiaries are under High Court protection from creditors since mid November, when it had debts of more than €4 billion, while Mr Wallace puts together a rescue plan for the airline group. Photograph: iStock

High Court extends examinership as $2.5bn of group debt discharged

Simon McKeever, chief executive of the Irish Exporters Association, says it is British exporters’ responsibility to ensure they have the correct information ready for customs when sending goods across the Irish Sea.

Suppliers blame paperwork for delays in moving goods between Ireland and Britain

Former RTE land at its Donnybrook complex, which was sold to Cairn Homes. Photograph: Cyril Byrne

Planners say they will consent to court order quashing permission granted in September

Energy companies plan to invest billions of euro in building on- and off-shore wind farms as the Republic bets heavily on renewable electricity Photograph: iStock

Industry survey says 52% of people would back construction of facitlity in their area

Shannon Airport’s passenger numbers fell by  79 per cent last year. Photograph: iStock

Airports back call for easing of state aid rules to prevent industry collapsing in pandemic

The Irish Travel Agents’s Association said bookings for summer were slow as people waited for Covid-19 vaccinations before committing to holidays

Just ‘slow trickle’ of people buying holidays

‘Airlines will need ongoing access to emergency liquidity - including government support’. Photograph: Chris Ratcliffe/Bloomberg

New report warns of €31.5bn losses, with airlines needing emergency funding

An empty Terminal 1 at Dublin Airport in April last year. Photograph: Nick Bradshaw

IAA says it handled fewer than 500,000 flights last year – 670,000 fewer than in 2019

A gas flare lights up the Atlantic skyline during a well production test at the Corrib gas field, 80km off the  Co Mayo coast

Corrib field now the State’s sole domestic source of natural gas

Northern Ireland is bearing the brunt of Brexit: Empty  shelves in Tesco, Banbridge.  Photograph:  Brian Lawless/PA Wire

At Dublin Port corporate UK’s failure to prepare for Brexit is major part of delays

Sean Mulryan, chairman  and group chief executive of Ballymore, which has secured permission for a major mixed development beside Dublin’s Connolly station.  Photograph: Alan Betson

Sean Mulryan’s group plans 80,000 sq m of offices, shops and homes next to rail hub

Co-founder of Merrion Vaults Seamus Fahy says clients are spending an average of between €7,000 and €10,000. Photograph: Mark Nixon

Merrion Vaults sees demand for safe deposit boxes and gold surging in 2020

A truck driver checks in with security at the Port of Larne. Photograph: Mark Marlow/Bloomberg

Some suppliers tell companies in Northern Ireland they will stop selling them goods

Rose Hynes

Former Shannon Group boss will oversee Irish Aviation Authority ahead of likely split

Marks & Spencer in Grafton Street, Dublin. Photogtaph:  Tom Honan

Brexit trade rules could leave businesses paying tariffs on goods they supply to subsidiaries in the EU

Chinese investors are paying €1 million each to social housing schemes planned by developer Richard Barrett’s Bartra Capital, in return for the right to live in the Republic under a Government cash for residency programme.

200 secure Irish residency through investments via developer Richard Barrett’s Bartra

Michael McAteer, newly re-elected managing partner of Grant Thornton Ireland. Photograph: Crispin Rodwell

Grant Thornton managing partner is optimistic about life after Covid

Gardaí and customs officers examine truck trailers at Dublin Port. Photograph: Colin Keegan/Collins

Minister warns businesses based in Republic to actively claim zero tariff on UK imports

Ryanair expects to carry between 26m and 30m passengers in the 12 months to the end of March

Aer Lingus reviewing plans and Ryanair has pledged to cut services

An internal ESB memo shows that national grid operator, Eirgrid, asked the company to start up one of its three generators at Moneypoint in Co Clare, which had been shut down, to avoid any possible risk of blackouts. Photograph: Neil Warner

Amber alert sent to power suppliers predicted ‘tight generation capacity margins’

Colm Barrington, former chairman of Aer Lingus.

Irish aircraft financier hires Goldman Sachs to review its business

The French deal brings to 550 megawatts the amount of electricity produced by the green energy projects that NTR manages in Ireland, Britain and continental Europe. Photograph: iStock

Power plant will produce enough electricity for 25,000 homes

Norwegian Air Shuttle has been shifting planes from Scandinavian bases to Shannon Airport in recent in weeks in preparation for returning them to the aircraft lessors that supply most of its 140-strong fleet. Photograph: Norwegian Air/PA Wire

Troubled carrier moves aircraft to Shannon in preparation for returning them to lessors

The new airport will be the gateway for what Saudi Arabia intends to be a luxury resort covering more than 28,000 sq km on its west coast.

Irish company to manage gateway to luxury Saudi resort

Irish Ferries has invested €150 million in direct services to the continent. Photograph: Paul Ellis / AFP

Despite extra red tape, landbridge will remain preferable, Eamon Rothwell claims

Dunnes Stores (Bangor) Ltd owns the group’s shops in Northern Ireland. Photograph: Dara Mac Dónaill / The Irish Times

Group’s businesses in Northern Ireland lost €1.1m in 2019

The number of people passing through the Republic’s airports fell more than 80 per cent in 2020. Photograph: Alan Betson / The Irish Times

A key question now is: when does the industry start climbing out of this trough?

The container dock at Belfast Harbour. Some British-based companies have warned they will no longer supply the North after the end of the year. Photograph: iStock

Some customers told they will have to bear carriage costs themselves

The Republic is a key centre for aviation finance, with about 60 per cent of all leased aircraft worldwide, worth around €100 billion, held here. Photograph: iStock

Four in 10 leased aircraft grounded as the pandemic continues to hit air travel

A range of Basta products on display at a trade show. Photograph: Maxwell Photography.

Developer Emma Maye’s Ardale group sells Basta to construction materials group Laydex Building Solutions

Allan Shine, County Kildare Chamber chief executive, said companies using new technology earned higher profits and were more productive than those that did not. Photographer: Dara Mac Dónaill / THE IRISH TIMES

County Kildare Chamber, Meath Enterprise and Maynooth University come together to support local companies forced to change how the(...)

Christmas shoppers wearing face masks  on Grafton Street in Dublin. Photograph: Sasko Lazarov/RollingNews.ie

Deloitte study finds that 44% of people still believe it is not safe to stay in a hotel, and 42% are holding off on taking a holid(...)

Passengers flying to and from the UK face an uncertain time after new Covid travel restrictions were imposed by the British government. Photograph: Niall Carson/PA Wire

Aer Lingus has cancelled all flights from the UK to Ireland but some will operate in the other direction

DAA’s application proposes that Dublin not use the north runway from midnight to 6am, although flights would continue to land and take off on the other two runways during those hours.

Airport pledging not to use runway between midnight and 6am

NAS and five Irish subsidiaries have protection against creditors’ claims from the High Court.

Scandinavian group could offload some of its 140 aircraft amid restructuring

Minister for Finance Paschal Donohoe: ‘That combination of the Employment Wage Support Scheme and CRSS means that we have far greater targeting of supports to businesses that need them the most.’ Photograph: Gareth Chaney/Collins

Minister says supports will be adjusted depending on how economy performs

Flutter is “wholly surprised” by the ruling and argues  it runs contrary to modern US legal precedent.  Photograph: iStock

Paddy Power owner indicates it is likely to appeal ruling by court in Kentucky

Passenger numbers at both airports have tumbled. Photograph: Tom Honan

DAA will tie discounts to number of passengers carried

The total of overdue loans was 1,344 fewer than three months earlier and 6,354 lower than at the same point in 2019, the Central Bank said. Photograph: iStock

By end of the month lenders had repossessed 801 private homes, down from 837 in June

Kingspan chief executive Gene Murtagh this week warned staff that rebuilding trust will take time following damaging revelations  at an inquiry into the Grenfell tower block fire in London. Photograph: Cyril Byrne

Building materials group has also created new head of compliance and certification role

Shoppers on Henry Street,Dublin. Photograph: Tom Honan

Sharp fall in spending due to Covid-19 boosted savings to €25.5bn, says ESRI report

The Economic and Social Research Institute report predicts that wealth could grow by 4.9 per cent as shoppers spend €9 billion of the cash they have saved during  the pandemic. Photograph: Gareth Chaney/Collins

Call for cuts to supports, such as the PUP, to be tied to rate of economic recovery

Stephen Garvey, Glenveagh CEO. Glenveagh focuses on homes for first-time buyers and renters on sites around the State. Photograph: Dara Mac Donaill

€500m to be spent on six sites in Dublin, Cork, Kildare and Kilkenny

The  Grenfell Tower tragedy took place in 2017.  Photograph: PA Wire

Inquiry heard insulation group had relied on results from flawed safety tests

The deal brings the number of homes in the Carechoice group to 12, with total of 1,175 beds.

Company confirms purchase of 73-bed Beaumont Residential Care home

Aer Lingus plans to move two Airbus A330s  and asign two new A321 long-range craft to Manchester.  Photograph: Paul Faith

Airline plans to fly to Boston, Florida and NY from northern England airport in 2021

By the end of September, the Republic’s five commercial airports had handled 7.5 million people, compared with 29.5 million in the first nine months of last year. Photograph: Dara MacDonaill

Covid-19 wipes 87% off summer passenger numbers at Republic’s key gateways

Liam Ahearn and Jennifer Nickerson of the Tipperary Boutique Distillery. Photograph: Patrick Browne

Tipperary Boutique Distillery uses barley grown on own land and local water

Aer Lingus has confirmed  that its UK subsidiary had applied for a US foreign carrier’s permit

Airline to fly from Manchester to Boston, New York and Orlando using jets normally based in Ireland

Norwegian last month elected to seek the Irish courts’ protection as its 140 aircraft are held in companies registered in the Republic. Photograph:  Getty Images

Those owed are mainly suppliers and some have secured debts

Shares in petrol station chain Applegreen surged 44.3% to €5.60. File photograph: The Irish Times

Applegreen shares surge after founders and Blackstone reveal deal to take business private

Most staff at the company responsible for Cork and Dublin airports have been on 80 per cent pay since Covid-19 struck in the spring. Photograph: iStock

DAA gears up for quietest Christmas season in decades

Coillte and  ESB plan to jointly build wind farms  that could generate enough electricity to power 500,000 homes. Photograph: Chris Ratcliffe/Bloomberg

Competition watchdogs to look again at €1bn deal between two companies

The Government says experts advise that cheaper, faster antigen tests are not suitable for international air travel, so the Republic only accepts the slower more expensive PCR screening

People arriving from EU, US and Canada do not have to self-isolate for two weeks if PCR test is negative

Norwegian opted to seek protection in the Irish courts to allow it restructures as its 140 aircraft are held by companies based in the Republic.

Creditors tell court they are neutral on airline’s attempt to restructure

Mark Foley, CEO of Eirgrid: ‘Our engineers in the national control centre have seen demand for electricity increase significantly in recent days, culminating in a record spike in demand on Thursday.’ Photograph: Aidan Crawley

Some 5,112 MW reached as cold weather, Christmas lights and data centres drive demand

Paddy Power-owner Flutter Entertainment has placed eight million new shares to help pay for its Fanduel buyout deal in the US. Photograph: Michael Stephens/PA Wire

Irish betting giant to buy minority shareholder Fastball Holdings out of its US business Fanduel for€3.4bn

The Dáil’s Public Accounts Committee report criticises Nama for failing to fully investigate links between Avestus, which was managing the loans for the agency, and the buyer. Photograph: Cyril Byrne

PAC report blames loss on Nama miscalculating price on sale of debts due from Quinlan

Flutter owns Paddy Power, Betfair, Australia’s Sportsbet and various betting businesses in Europe, the US.

Irish gambling giant to boost Fanduel stake to 95%

Members of the ground crew prepare to move an aircraft operated by Norwegian Air at London Gatwick airport. Photograph: Chris Ratcliffe/Bloomberg

Pandemic has brought airline to brink of collapse

Sawmills fear that backlogs in handling licence applications and appeals will result in the Republic running out of timber. Photograph: iStock

Department of Agriculture has granted 570 new permits , with thousands more in system

Elderly people in care homes and their carers are top of the list to receive a Covid-19 vaccine after the UK became the first country in the world to approve a jab from Pfizer and BioNTech. Photograph: PA

Shares in partner company BioNTech surged 5.6 per cent

Ryanair has already committed to buying 135 of the craft, and has an option to take a further 75.  Photograph: Eric Gaillard/Reuters

Regulators have cleared aircraft, which was grounded for 20 months following crashes

The charred remains of clading are pictured on the outer walls of the burnt-out shell of the Grenfell Tower block in north Kensington. Photograph: Niklas  Halle’n/ AFP/Getty

Kingspan staff give evidence to inquiry into cause of fire that killed 72 people in 2017

Wirecard headquarters in Aschheim near Munich. Photograph: Christof Stache/AFP via Getty

Garda bureau investigating whether escrow account ever actually existed

Barryroe lies about 50km from the Cork coast in the Celtic Sea under 100m of water. Photgraph: Finbarr O’Rourke

Providence signs development deal for reservoir off Co Cork with Norway’s Spoton

The judge noted a report that current company assets have slumped from a book value of €556.5m to a net realisable value of some €6.7m. File photograph: Getty

Liquidators appointed as gardaí investigate whether escrow account actually existed

A Norwegian Air Boeing 737-800 landing at Riga International Airport in Latvia earlier this year. Aircraft manufacturer Boeing is bidding to stall the troubled airline’s $1 billion lawsuit against it while the Scandinavian carrier lines up a rescue attempt in the Irish courts. Photograph: EPA/TOMS KALNINS

Norwegian Air Shuttle, and five Irish-based subsidiaries, that own much of its aircraft, last week received interim protection fro(...)

Norwegian Air’s key Irish subsidiaries got High Court protection from creditors on Wednesday in the latest bid to rescue the troubled Scandinavian airline group. Photograph: Toms Kalnins/EPA

Creditors took or threatened action against two companies before court protection granted

Kieran Wallace was this week appointed as interim examiner. Photograph: iStock

Court documents show winding up company would wipe out most of its assets

Aer Lingus has applied to Manchester Airport for slots – that is take off and landing times – to allow it launch flights from there to North America next summer. Photograph: Martin Rickett/PA Wire

Airline considers launching flights from Britain to US next year

Kevin Toland, who has stepped down as chief executive of Aryzta

Shareholders have been agitating for an overhaul of Swiss-Irish baked goods firm

Norwegian said it was seeking court protection in the Republic because its aircraft assets are held here. Photograph: iStock

Kieran Wallace named interim examiner to five companies as airline struggles due to Covid

Amazon rose 0.6 per cent after it launched an online pharmacy for delivering prescription medications in the US.  Photograph: Ina Fassbender/AFP via Getty

AIB sheds 2.04% to €1.298 but Bank of Ireland inches 0.77% up to €2.63

Central Bank deputy governor Ed Sibley said it was ‘unacceptable’ that these problems existed almost 10 years after the Oireachtas passed the law, designed to safeguard consumers and the Republic’s financial system.

Reulations meant to ensure key staff meet ‘high standards of competence, honesty and integrity’

Hibernia Reit chief executive Kevin Nowlan predicted that the damage done by measures to constrain the pandemic to commercial property values in Dublin would depend on how long the crisis lasts.

Irish property group, which develops and lets offices, posted loss €32.4m during the period

Graham Cooley, ITM’s chief executive, believes the increasing levels of wind-generated electricity that the Republic uses makes it very suitable for the production of green hydrogen.

ITM creates hydrogen gas from water to be stored for use in transport and industry

Avolon chief executive Dómhnal Slattery at the  opening of its global headquarters in Ballsbridge, Dublin,  in 2018 with then taoiseach Leo Varadkar. Photograph: Robbie Reynolds

Irish company is offering to buy back bonds that are due for repayment in 2022 and 2023

Airports in the Republic are opening Covid-19 test centres as the State adopts a version of the EU’s traffic light system for safe travel

Prices for tests will range between €99 and €159

Frank O’Rourke, project manager for the Naas Shopping Centre, and Ger Roche, chief executive of the Roche Group. Photograph: Lorraine O’Sullivan

Abandoned boom-era project could create 850 jobs and may open to public in 2022

An interior shop of the Kilkenny shop on Nassau Street in Dublin, a popular destination with tourists. New legislation could limit VAT refunds on goods bought by visitors from non-EU countries.  Photograph: Crispin Rodwell

Economist Jim Power says scheme in Brexit legislation will risk the loss of €108m to business

People walking along Grafton Street in Dublin, during the first day of the Level 5 restrictions on October 22nd.  Photograph: Damien Eagers/PA Wire

Firm says 40% or workers here either lost job or required State support due to Covid-19 impact on economy

 Conor McCarthy: he is the biggest shareholder in aircraft maintenance group Dublin Aerospace. Photograph: Nick Bradshaw

Current contract holder Stobart Air tells staff it has not been chosen as preferred bidder

A quiet Grafton Street as a result of Level 5 restrictions. Photograph: Damien Eagers/PA Wire

Government supported 345,400 workers in 35,400 organisations in October

“There continues to be significant uncertainty to the extent of the impact that the Covid-19 pandemic will have on the markets that Nama operates in.” Photograph: Eric Luke

State agency making ‘every effort’ to mitigate financial impact of coronavirus

A Viking Splash tour amphibious vehicle sails around Dublin’s Grand Canal Dock. File photograph: Getty

Companies behind business hope buyer can be found for ever-present sight on city streets

Expensive pre-flight Covid-19 tests present a “significant cost barrier to people weighing up their travel plans”.

Choice of slow €150 ‘gold standard’ PCR compares with much faster €5 antigen test

 Knock Airport faces the suspension of Ryanair flights from this weekend until December 13th. Photograph:  Adrian Dennis/AFP via Getty Images

Republic’s airports to provide Covid screening as part of EU aviation support scheme

The British regulator said  Boylesports Enterprise was found to have breached commission rules aimed at preventing money laundering on its Boylesports.com and Boylecasino.com websites. File photograph: Cyril Byrne

British regulator adds conditions to licence after Irish bookmaker breached rules

Joe Gilmore called on the Government to open an air corridor with UK regions with low levels of Covid-19 infection to aid Knock and the other regional airports. Photograph:  Phocus

Government should open ‘air corridor’ with UK regions, says airport manager

Cork Airport, part of State company DAA, plans to open a centre that will provide tests approved by the Health Products Regulatory Authority. Photograph: Provision

Cost of private company’s test will start at €149 for virus screening

Passengers arriving at Cork Airport. Just 7.4m  passengers in total travelled through Cork and Dublin airports in the first 10 months of this year, 76% less than the 30.6m people they handled during the same period in 2019

Government pledges extra €48m in aid to airports next year, bringing the total committed to them for 2021 to €80m

Chief executive Aengus Kelly. Photograph: Dara Mac Dónaill

Write-downs on value of aircraft contributed to losses at Dublin-based aviation lessor

A Tullow Oil facility at Lake Albert in Uganda

Company will receive agreed contingency payments if Brent crude prices rise above $62 a barrel

Plusvital has been in talks with companies interested in providing tests for people planning on travelling out of the State. Photograph:  Chris Bellew/Fennell Photography Copyright 2020

Plusvital has increased its capacity to handle 1,000 virus tests a day and provide results in six hours

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