CityJet loses €16.2m despite 12.4% rise in turnoverCITYJET REPORTED a loss of €16.2 million in the year to the end of March 2008 in spite of a 12.4 per cent rise in turnover.Wed Jan 07 2009 - 00:00
Ryanair demands Aer Lingus egm over executive contractsRYANAIR YESTERDAY demanded that an extraordinary general meeting (egm) of Aer Lingus shareholders be held to debate recent changes…Wed Jan 07 2009 - 00:00
Claret Capital to lay off several staffDUBLIN-BASED private equity group Claret Capital is expected to make a number of its 37 staff redundant in the new year due to…Mon Dec 29 2008 - 00:00
Quinlan hires Lazard to raise funds for hotel group expansion plansIRISH FINANCIER Derek Quinlan has hired investment bank Lazard to identify opportunities on how he might expand his London-based…Mon Dec 29 2008 - 00:00
New head of Ely may sell on property sites after €39m takeoverIRISH BUSINESSMAN Philip Marley said he will look at selling on some of the property sites owned by student accommodation provider…Mon Dec 29 2008 - 00:00
Sale of 'Tuam Herald' to MNG earns two cousins up to €7mTWO GALWAY-BASED cousins, Iain and David Burke, are set to net €6-7 million from the sale of the Tuam Herald regional newspaper…Wed Dec 24 2008 - 00:00
Aer Lingus issues formal rejection of Ryanair bidAER LINGUS yesterday formally rebuffed Ryanair's recent €748 million cash offer for the company.Tue Dec 23 2008 - 00:00
Aer Lingus document shows directors interests in RyanairAer Lingus's defence document, published yesterday, shows recently appointed chairman Colm Barrington and chief financial officer…Tue Dec 23 2008 - 00:00
Minister defers plan for airportsMINISTER FOR Transport Noel Dempsey has deferred plans to separate Dublin, Cork and Shannon airports but signalled that they …Tue Dec 23 2008 - 00:00
Aer Lingus confirms it will open base at Gatwick in £100m investmentAER LINGUS yesterday confirmed that it will open a base at London’s Gatwick airport next April, as was revealed by The Irish …Sat Dec 20 2008 - 00:00
Drumm follows chairman in leaving AngloCHIEF EXECUTIVE: ANGLO IRISH Bank chief executive David Drumm resigned his position at lunchtime yesterday following the departure…Sat Dec 20 2008 - 00:00
Bradshaw quits as joint loan with FitzPatrick revealedSEÁN FITZPATRICK’S resignation from Anglo Irish Bank on Thursday grabbed all the headlines, but he wasn’t the only director to…Sat Dec 20 2008 - 00:00
State plans €3bn capital injection into Anglo Irish BankTHE STATE is set to become the majority shareholder in Anglo Irish Bank as intensive negotiations continue this weekend on an…Sat Dec 20 2008 - 00:00
Keeping family spirit aliveTHE FRIDAY INTERVIEW/Alexandre Ricard, chief executive of Irish Distillers Pernod Ricard: LIKE MANY of his compatriots, Frenchman…Fri Dec 19 2008 - 00:00
Aer Lingus plans to open base at Gatwick for short-haul tripsAER LINGUS is planning to open a base at Gatwick Airport in London next spring, offering short-haul flights to continental Europe…Fri Dec 19 2008 - 00:00
Argos after-tax profits fall sharply despite sales growthBRITISH CATALOGUE retailer Argos saw its after-tax profits in Ireland decline sharply last year in spite of a 14 per cent growth…Thu Dec 18 2008 - 00:00
Plan to cut airport jobs and shelve Dublin's second runwayDUBLIN AIRPORT Authority has told trade unions that it will seek voluntary redundancies early next year at Dublin, Cork and Shannon…Thu Dec 18 2008 - 00:00
Clare businessmen defy the gloom and sell firm for €25mIN DEFIANCE of the gloom overshadowing the business world, three Clare businessmen have agreed to sell their Ennis-based customer…Mon Dec 15 2008 - 00:00
Takeover Panel censures Ryanair for rule breachRYANAIR has been censured by the Irish Takeover Panel for breaching rule 16 of its code by giving guarantees last week to Minister…Sat Dec 13 2008 - 00:00
TechRec to close processing plantIRISH ELECTRONIC waste recycler TechRec, a subsidiary of Philip Lynch's One51 investment group, is closing its state-of-the-art…Sat Dec 13 2008 - 00:00
Financial separation of airports to be put offMINISTER FOR Transport Noel Dempsey is expected to announce next week his decision to defer the financial separation of Dublin…Fri Dec 12 2008 - 00:00
Aer Lingus chief to seek investor who will prevent Ryanair bidAER LINGUS chairman Colm Barrington has vowed to find a friendly investor who will take a majority stake in the airline to prevent…Fri Dec 12 2008 - 00:00
Airline bosses to brief Minister on Ryanair bidSENIOR MEMBERS of Aer Lingus’s board of directors will meet today with Minister for Transport Noel Dempsey to outline their opposition…Thu Dec 11 2008 - 00:00
Irish hotel prices fall by 8% to €102 a roomHOTEL PRICES in Ireland fell by an average of 8 per cent year on year to €102 a room in the third quarter of 2008, according …Wed Dec 10 2008 - 00:00
Aer Lingus shares down 1% in spite of agreementAER LINGUS'S share price closed down by just under 1 per cent in Dublin yesterday in spite of the company securing agreement …Wed Dec 10 2008 - 00:00
Soccer helps Setanta to score an increase in turnoverACCOUNTS FOR two UK-based companies in the Setanta Sports team shed some light on the financial performance of the Irish broadcaster…Fri Dec 05 2008 - 00:00
O'Leary set to swoop on Aer LingusTWO YEARS on and the mood music from the Government on a Ryanair takeover of Aer Lingus has completely changed.Fri Dec 05 2008 - 00:00
Irish at helm Down UnderAT A breakfast briefing hosted by The Irish Times in late October, Willie Walsh spoke in private of his high regard for Alan …Fri Dec 05 2008 - 00:00
Minister hears O'Leary's case for mergerRYANAIR CHIEF executive Michael O'Leary last night outlined his case for a merger with Aer Lingus to be allowed proceed at a …Thu Dec 04 2008 - 00:00
Jurys group is rebrandedTHE IRISH Jurys Doyle hotel group, which is owned by members of the Doyle and Beatty families, is to be renamed the Doyle Collection…Wed Dec 03 2008 - 00:00
Rothwell in talks with Moonduster over bid for ICGIRISH CONTINENTAL Group (ICG) chief executive Eamonn Rothwell and the Philip Lynch-led Moonduster consortium look set to launch…Wed Dec 03 2008 - 00:00
Cabinet briefed on Ryanair offer for Aer LingusMINISTER FOR Transport Noel Dempsey briefed the Cabinet yesterday on Ryanair's latest offer for Aer Lingus.Wed Dec 03 2008 - 00:00
Ryanair says merger would help Aer LingusRYANAIR CHIEF executive Michael O'Leary has said he would seek to establish Aer Lingus bases in the UK and Europe in a move to…Tue Dec 02 2008 - 00:00
C&C share plan explainedC&C's three new senior executives will be entitled to walk away from the company with combined compensation of €800,000 if…Tue Dec 02 2008 - 00:00
Aer Lingus rejects new takeover offer from RyanairTHE BOARD of Aer Lingus yesterday rejected a new offer from Ryanair to buy the airline, following an emergency meeting of its…Tue Dec 02 2008 - 00:00
Softer approach from O'LearyANALYSIS : Michael O'Leary insists Ryanair's bid for Aer Lingus makes 'industry logic'. Others disagree.Tue Dec 02 2008 - 00:00
Union anger at €928m Thermo King dividendTHE US-BASED parent of Galway refrigeration unit manufacturer Thermo King, which this week said it was laying off 110 workers…Sat Nov 29 2008 - 00:00
TK Maxx bucks retailing trend as new shops help store to bumper salesBRANDED DISCOUNT retailer TK Maxx enjoyed bumper sales in Ireland last year, helped by two new store openings.Sat Nov 29 2008 - 00:00
Suite successTHE FRIDAY INTERVIEW/Billy Hastings, doyen of the North's hotel industry: AT 80 years of age, Dr Billy Hastings, doyen of Northern…Fri Nov 28 2008 - 00:00
Low-key launch of new Arnotts store amid gloomEARLY YESTERDAY morning, without any publicity or fuss, the shutters went up on the new Arnotts store in the Jervis Street shopping…Fri Nov 28 2008 - 00:00
Britvic's Irish sales losing their fizzREVENUES AT the Irish arm of UK-based soft drinks group Britvic lost much of their fizz in the 12 months to the end of September…Thu Nov 27 2008 - 00:00
Sales rise by 15% but pretax profit falls at Brennan bakeriesDUBLIN-BASED Joseph Brennan Bakeries made lots of bread last year although not as much as in 2006, according to accounts just…Tue Nov 25 2008 - 00:00
Speculation on troubled B&B continuesSPECULATION IS mounting in Australia that troubled investment group Babcock & Brown (B&B), which is an indirect shareholder…Tue Nov 25 2008 - 00:00
Coyle sold €15m Largo stake to German snack firmENTREPRENEUR RAY Coyle sold a 15 per cent stake in his Largo Foods crisp-making business last year to Cologne-based food group…Fri Nov 21 2008 - 00:00
Wholesale grocery group BWG posts annual sales of €1.3bn, a rise of 5%Shelf life: Spar and Mace operator files accounts for its first full year under Triode ownershipThu Nov 20 2008 - 00:00
ICG profits slip due to fuel costs and drop in passengersIRISH CONTINENTAL Group’s (ICG) operating profit in the first nine months of this year declined by more than 15 per cent to €…Tue Nov 18 2008 - 00:00
O'Brien buys more Sterling sharesIRISH ENTREPRENEUR Denis O'Brien announced yesterday that he has acquired more shares in Sterling Energy, the AIM-quoted oil …Tue Nov 18 2008 - 00:00
Lynch-led group in funding talks for ICG bidTHE PHILIP Lynch-led Moonduster consortium is believed to be in talks with a number of banks here in a bid to secure some funding…Sat Nov 15 2008 - 00:00
BQ Ireland's DIY puts it into the redDIY retailer BQ Ireland slipped into the red last year as the company spent heavily on new stores and refurbishing existing outlets…Sat Nov 15 2008 - 00:00
McDonald's can dine out on 32% rise in Irish pre-tax profitFAST-FOOD giant McDonald's increased its pre-tax profit in Ireland by 32 per cent to €15Sat Nov 15 2008 - 00:00
