Industry & Business

Transport

IAG signs South America flight deal with LATAM

Owner of Aer Lingus, International Airlines Group (IAG) has signed a joint business agreement between British Airways, Iberia and LATAM Airlines Group, a South American airline. The deal centers around flights

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Bus Eireann unviels its €50m “fleet of the future”

Bus Eireann has unveiled its new €50m “fleet of the future” in Dublin, which comprises of 116 new vehicles. The new buses boast extra legroom, power sockets (on commuter coaches), wifi,

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Ryanair to open new base in Belfast International Airport

Irish airline Ryanair is to open a new base at Belfast Belfast International Airport from March with flights to London’s Gatwick Airport. The airline, with an investment of $100m, will

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Jaguar Land Rover to build plant in Slovakia

    Jaguar Land Rover to build plant in Slovakia

Jaguar Land Rover, UK’s largest automotive manufacturing business, has signed an agreement with the government in Slovakia to build a new plant for the luxury car maker in the country.

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Aer Lingus boss will get €900,000 worth of IAG share options

    Aer Lingus boss will get €900,000 worth of IAG share options

Stephen Kavanagh, the CEO of Aer Lingus, has been awarded over 110,000 share options at the airline’s new owner, IAG. The shares are currently worth close to €900,000 (£639,000), but

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EU launches new aviation strategy to increase competition

    EU launches new aviation strategy to increase competition

Airlines including Ryanair, and Aer Lingus owner IAG, have called on the European Commission to tackle airport charges and taxation across the trading bloc in an effort to boost the

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Jumbo jet ‘Cosmic Girl’ to launch Virgin Galactic spaceship

    Jumbo jet ‘Cosmic Girl’ to launch Virgin Galactic spaceship

Richard Branson announced that a 747 jumbo jet will be adapted for use as a launchpad for a Virgin Galactic spaceship. ‘Cosmic Girl’, a former Virgin Atlantic airliner, will be

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Charter company setting up Shannon base

    Charter company setting up Shannon base

A leading worldwide private aircraft charter operator is establishing a base in Co Clare. Athens-based GainJet Aviation has begun the process of establishing its new Irish operation within Shannon Group’s

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Companies throughout Ireland commended at the 15th annual Export Industry Awards

The Irish Exporters Association recently held the 15th Export Industry Awards which attracted 500 guests and recognised companies throughout the country leading the way in exports. The “Oscars of the

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Dublin’s FLY leasing to return $100m to shareholders

Dublin-based aircraft leasing company FLY Leasing has announced adjusted net income of $32.3m (€30.1m) for the third quarter, while the firm invested $214m (€200m) in new aircraft during the period.

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Irish jet leasing firm Avolon posts a 33% increase in profits

Irish aircraft leasing firm Avolon saw profits rise 33 percent to $58m in the third quarter of the year as the company benefited from a mix of lease revenue and

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Ryanair announce half year profit of €1.4 billion

Ryanair has announced a half year profit of €1.4 billion for the six months to the end of September. That figure includes a one-off gain of €317m from selling its

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Starbucks and Fiat ordered to pay huge EU back taxes

    Starbucks and Fiat ordered to pay huge EU back taxes

The European Union is demanding that U.S. coffee chain Starbucks and carmaker Fiat repay up to 30 million euros each in tax breaks they received from EU nations, in a

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Budget significantly cuts tax on lorries

Road tax on lorries has been reduced from a maximum €5,195 to €900 in the Budget. This move brings the Republic  of Ireland in line with the UK, including Northern

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