Colm Barrington: “Fly is expecting another great financial result in 2019”

Fly Leasing, the aircraft finance business led by former Aer Lingus chairman Colm Barrington, earned net profits of $85.7 million (€76.3m) last year, (...)

The British pound rose 0.7 per cent to $1.3187 (€1.16) – a new high for February, but under January’s peak of $1.3216. It was 0.7 per cent stronger against the euro, with a unit of the shared currency costing £0.8610, a level not seen since May, 2017.

Serling’s rally is gathering pace as the prospect of a delay to Brexit grows. Sterling climbed to a February high against the dollar and reached its (...)

IAG chief executive Willie Walsh speaking at the Aviation Club UK event,  at the Stephen’s Green Hibernian Club in Dublin. Photograph: Nick Bradshaw for The Irish Times

Irish carrier Aer Lingus is the most profitable in a group that includes British Airways and Spain’s Iberia. Willie Walsh, chief executive of Aer Li(...)

Repainting Aer Lingus’s 50-odd aircraft would be the most expensive element of the airline’s rebranding exercise. Photograph: Cyril Byrne

Aer Lingus plans a rebrand this year that is likely to cost the Irish airline less than €2 million. The Irish carrier, which is part of the Willie Wa(...)

US president Donald Trump. Photograph: Mandel Ngan/AFP/Getty Images

News that US president Donald Trump will meet his Chinese opposite number Xi Jinping at a G20 summit eased fears of a trade war and steadied European (...)

Italy’s deputy prime minister Luigi Di Maio gestures during a press conference on Friday. The Italian government and the European Commission are on a collision course. Photograph: Getty

European shares weakened on Friday on fears of rising US interest rates and a budget row between Brussels and Italy. DUBLIN Cardboard box maker Smur(...)

CityJet CEO Pat Byrne and Aer Lingus CEO Stephen Kavanagh

CityJet will operate its Dublin to London City Airport service on behalf of Aer Lingus under a new deal that will see the airline swap its brand for t(...)

Investors expect Ryanair and International Consolidated Airlines Group, which owns owner of Aer Lingus and British Airways, to benefit from the failure of  Monarch. Photograph: Mary Turner/Reuters

Markets gained ground on Tuesday as the dollar weakened slightly against the euro. The Irish Stock Exchange outperformed peers as a number of leading (...)

The parent company of Aer Lingus, ICAG, dropped by 0.6 per cent. Photograph: Cyril Byrne

It was a quiet day both in Dublin and across Europe as we came to the end of the summer’s busiest earnings week. Despite thin volumes across the board(...)

The PR disaster hits British Airways as it faces increasing competition on lucrative transatlantic routes. Photograph: Tim Ockenden/PA Wire

British Airways was operating most of its flights from London’s two largest airports on Monday after a computer-system failure stranded thousands of p(...)

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