Ryanair, a key player at Dublin Airport, is modifying its offer from Ireland’s largest airport for the winter season, with a possibility of such reductions extending into the forthcoming summer. It has made the decision to eliminate 14 routes from Dublin from October through March, while Aer Lingus evaluates its course of action. These changes are due to regulator-imposed restrictions on capacity because of the 32 million passenger annual limit. This information comes via Barry O’Halloran.
The Doyle Collection hotel chain reported an 18% surge in its revenue from the previous year. However, its chair, Bernie Gallagher, cautioned about noteworthy financial hurdles, primarily concerning food and beverage expenses at its trio of Irish locations. More details have been provided by Ciarán Hancock.
During the third quarter, national house prices climbed by 3% to an almost €345,000 average due to the persisting scarcity of available properties. Daft.ie, a real estate website, stated that house price inflation from June to September experienced the fastest pace witnessed within any three-month timespan since 2017, as informed by Barry O’Halloran.
Despite green commitments and burgeoning clean tech investments from corporations over several years, the sustainability crisis is reported to be worsening, according to FT columnist Pilita Clark. She highlighted that some firms might be contributing to the issue by portraying an illusion of advancement.
Ryanair will reduce its routes for winter travel from Dublin Airport, cautioning that they might not be reinstated in time for the summer of 2025.
Patent attorney Angela Quinlan, featured in Me & My Money, has disclosed her strategy of always requesting a discount since she has observed an additional margin often included in initial quotes across various industries. This conversation took place with Tony Clayton-Lea.
Our resident Economics Correspondent, Eoin Burke-Kennedy, posed a question in his weekly column: why do we maintain Scandinavian-style pricing without equivalent high wage levels?
In the Your Money’s Q&A section, a reader queries whether their pension can be utilised to settle their housing loan, with insight provided by Dominic Coyle.
In our Commentary column, Ian Lawlor, who heads Roundtower Capital, contends that an estimated quarter of a million new residential properties won’t be constructed over the succeeding five years in Ireland unless essential services such as power and water access are arranged for these residences and additional necessary infrastructure developments are initiated.
The Connect trade union is set to lobby for an increase in the cap currently set at €600 per week for statutory redundancy payments, reflecting the present wage levels as opposed to those in 2004 when the existing cap was instituted. Union delegate conference proceedings and ensuing dialogue are covered by Emmet Malone.
As Kirby Group Engineering, the firm based in Limerick, anticipates leadership changes, it also forecasts a robust revenue stream of €700 million for the current year. Comprehensive information is provided by Barry O’Halloran.