Invesco

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The Trump Tower Hotel & Casino, Las Vegas: the industry is wondering if a property developer in the White House will pay off. Photograph: Carmen Martinez Torrin/Getty Images

For the first time, a property developer is the president of the United States – the most powerful position a member of the real estate industry has e(...)

 Wilbur Ross testifies before a Senate Commerce, Science and Transportation Committee confirmation hearing on his nomination to be commerce secretary in Washington. Photograph: Carlos Barria/Reuters

Billionaire Wilbur Ross was confirmed as US commerce secretary by the Senate, clearing the way for one of President Donald Trump’s key trade officials(...)

President-elect Donald Trump following his meeting with Mitt Romney at the weekend. Photograph: Carolyn Kaster/AP

President-elect Donald Trump, working to fill administration positions ahead of his inauguration on January 20th, was scheduled to hold talks in New (...)

Cityjet will  fly four European routes for Stobart from Southend Airport in London that could boost traffic there by about 600,000 passengers a year

Aer Lingus Regional operator Stobart Air and Cityjet are poised to announce a deal that will be seen as bringing the two airlines’ anticipated merger (...)

CityJet’s chief commercial officer Cathal O’Connell told Air Transport World recently that “the company was heavily loss-making, but that situation is not going to continue. We’ll turn into profit certainly in 2017, if not in 2016”

A merger between Cityjet and Stobart Air, which runs the Aer Lingus Regional airline network, looks set to be completed shortly. Stobart Group, a p(...)

Tory leadership contender Andrea Leadsom, photographed outside her home in Northamptonshire on Saturday. Photograph:  Chris Radburn/PA Wire
Who is Andrea Leadsom?
  • UK
  • July 9, 2016, 13:50

Andrea Leadsom was largely unknown to most British voters before the Brexit referendum but her upbeat argument that Britain could flourish outside th(...)

The crux of Debenhams’ difficulties lie in rents set during boom years on upward-only leases. File photograph: Eric Luke/The Irish Times

The Debenhams retail chain has placed its 11 Irish stores into examinership, putting 2,265 jobs at risk, following the failure of rent negotiations wi(...)

A further complication is that Aer Lingus is a shareholder in a leasing company which leases aircraft to Stobart. Photograph: Cyril Byrne

Aer Lingus must now be a key player as events play out at Stobart Air, after the recent eruption of boardroom tensions at the smaller airline. Stobart(...)

The IAA would not comment yesterday on whether there had been contacts with Stobart. In a statement it said that it is “in regular contact with all airlines concerning safety and security matters”.

Stobart Air, the airline which runs the Aer Lingus regional network, is believed to have been contacted by the Irish Aviation Authority (IAA), the ind(...)

 Porsche: Car firm’s results due on Friday. Photograph:  Nicolas Mollo/AFP/Getty Images
For your diary

TODAY Results: Apple; First Bancorp; First Data; Halliburton; Xerox. Meetings: Preparing for Industry 4.0 (Crowne Plaza Hotel, Blanchardstown). (...)

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