DUBLIN, Jan 23 (Reuters) – Low-cost Irish airline Ryanair
is closing in on a deal to buy at least 150 Boeing
737 passenger jets and the contract could be signed
within weeks, industry sources said.
Ryanair said in a statement that a deal was unlikely to be
signed until later in the year at the earliest.
DUBLIN, Jan 22 (Reuters) – One of the world’s largest
leasing firms has warned India the failure of troubled carriers
like Kingfisher Airlines to return airplanes when they cannot
pay their bills could put the country’s aviation growth at risk
by scaring away new funding.
ILFC, which owns over 900 aircraft and rents them out to
airlines for several years at a time, is the latest industry
player to clash with the Indian carrier, whose financial
difficulties have left its aircraft grounded since October.
DUBLIN, Jan 22 (Reuters) – A clique of veteran aviation
industry executives is fighting to maintain Ireland’s dominance
of the $170 billion aircraft leasing industry in the face of
strong competition from Asia.
With a skill set that runs from seizing planes from bankrupt
third-world airlines to negotiating multibillion-dollar deals
with Airbus and Boeing, a few dozen former
colleagues from now defunct GPA have ensured that one in every
five of the world’s passenger planes is managed from Ireland.
That equates to about half of the world’s 7,000 leased aircraft.
DUBLIN/LONDON Jan 9 (Reuters) – Ireland has sold a larger
than expected 1 billion euros ($1.3 billion) of Bank of Ireland
debt, cutting its exposure to the bailed-out bank amid
growing confidence in the country’s economic recovery.
Private investors bought the 1 billion euros of contingent
capital notes, known as CoCo bonds, at a slight premium, beating
a target of at least 500 million euros.
DUBLIN, Dec 11 (Reuters) – Ireland’s Financial Regulator
called for a re-evaluation of financial crime laws, saying
delays in prosecuting those involved in the collapse of the
banks were undermining public confidence.
No-one has so far been jailed for their part in a banking
failure which led to a bailout involving more than 60 billion
euros ($77.6 billion) of taxpayers’ money – equivalent to 40
percent of GDP – and high-profile prosecutions of the heads of
Irish Nationwide and Anglo Irish Bank have dragged on
DUBLIN (Reuters) – Russia and the United States will seek a “creative” solution to drag Syria back from the brink, the international mediator on Syria said on Thursday after meeting U.S. Secretary of State Hillary Clinton and Russian Foreign Minister Sergei Lavrov.
The comments by Lakhdar Brahimi, who called the unscheduled meeting on the sidelines of a Dublin conference, suggested a new coordination among the major powers might be emerging on Syria after months of sometimes bitter disagreement.
DUBLIN, Dec 5 (Reuters) – The Irish government tested the
economy and a long-suffering public with a new 3.5 billion euro
dose of austerity on Wednesday, though better service sector and
jobless data helped to soften the blow.
Bailed-out Ireland has begun its return to bond markets and
is one of few euro zone countries to keep eking out mild growth,
but with one of the highest budget deficits in Europe, it now
faces further harsh spending cuts and tax hikes.
VIENNA/DUBLIN (Reuters) – An Austrian student group plans to go to court in a bid to make Facebook Inc, the world’s biggest social network, do more to protect the privacy of its hundreds of millions of members.
Campaign group europe-v-facebook, which has been lobbying for reforms at the U.S. company for more than a year, said it would appeal against decisions by the data protection regulator in Ireland, where Facebook has its international headquarters.
BELFAST (Reuters) – London’s decision to grant Scotland a referendum on independence after 300 years has raised an awkward question for Northern Ireland’s Catholics.
After centuries fighting for its downfall, do they really want the United Kingdom to collapse?
DUBLIN (Reuters) – Allied Irish Banks (ALBK.I: Quote, Profile, Research) raised 500 million euro (403.79 million pounds) through a three-year bond issue on Wednesday and intends to build on a resurgence in Irish capital markets with up to three more issues next year.
Emulating the debt market success of peer Bank of Ireland (BKIR.I: Quote, Profile, Research) and Irish utilities Bord Gais and ESB earlier this month, the state-owned lender sold the paper at mid-swaps plus 270 basis points. The issue was four-times oversubscribed.