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Feb 8, 2014

Ireland pummel Wales to lift Six Nations hopes

DUBLIN (Reuters) – Ireland dealt a devastating blow to Welsh dreams of an historic hat-trick of Six Nations titles with a comprehensive 26-3 win at the Aviva stadium on Saturday.

In the latest sign of a revival under new coach Joe Schmidt, the Irish went 13-0 up in the first half after flanker Chris Henry forced his way over the Welsh line.

Feb 8, 2014

Rugby-Ireland pummel Wales to lift Six Nations hopes

DUBLIN, Feb 8 (Reuters) – Ireland dealt a devastating blow to Welsh dreams of an historic hat-trick of Six Nations titles with a comprehensive 26-3 win at the Aviva stadium on Saturday.

In the latest sign of a revival under new coach Joe Schmidt, the Irish went 13-0 up in the first half after flanker Chris Henry forced his way over the Welsh line.

Feb 3, 2014

Ryanair sees pricing pressures easing after customer service overhaul

DUBLIN (Reuters) – Ryanair (RYA.I: Quote, Profile, Research) reported strong forward bookings and an easing of intense price competition among European airlines on Monday, raising hopes it can quickly regain height with a new customer-friendly image after a profit warning spooked markets last year.

Shares in the Irish airline, Europe’s largest by passenger numbers, opened up 6 percent after it said it was already seeing improved demand for tickets following the changes to how it treats customers announced late last year.

Feb 3, 2014

Ryanair posts quarterly loss but sees price pressure easing

DUBLIN, Feb 3 (Reuters) – Ryanair reported its
biggest third-quarter loss in five years on Monday as average
fares slumped 9 percent, but management said intense price
competition in Europe was easing and forward bookings were up.

The Irish airline, Europe’s largest by passenger numbers,
issued its first profit warnings in a decade last year on weak
winter bookings but has said it hopes to bounce back by
improving its customer service.

Jan 22, 2014

New air finance kingpin promises more cautious style

DUBLIN, Jan 22 (Reuters) – When he takes a top seat in the
$200 billion aviation finance world later this year, Irish
accountant Aengus Kelly will bring a new caution to an industry
long known for risk taking and marketing swagger.

After steering his underdog firm AerCap through the
financial crisis unscathed, he engineered the most audacious
deal in the sector for two decades with the takeover of
struggling industry pioneer ILFC, quadrupling its fleet.

Jan 20, 2014

GECAS orders 40 Boeing 737s worth $4 bln

DUBLIN, Jan 20 (Reuters) – GECAS, the world’s largest
aircraft leasing company, announced an order for 40 Boeing
medium-haul passenger jets on Monday, in a fresh boost
for the U.S. planemaker’s best-selling model.

Confirming an earlier Reuters report, GECAS said the order
would be split between the current-generation Boeing 737-800 and
the future 737 MAX, a revamped jet designed to save fuel with
the introduction of new engines, starting in 2017.

Jan 19, 2014

Insight: Revenge of the Irish as mega-merger restores air finance crown

SHANNON (Reuters) – Twenty years after the spectacular collapse of Irish tycoon Tony Ryan’s plane leasing empire, the Emerald Isle has restored its grip on the world’s aircraft fleet with a mega-merger that could pave the way for a wave of multi-billion-dollar IPOs.

The $5 billion takeover of U.S. leasing giant ILFC by AerCap, a firm that emerged from the ruins of Ryan’s pioneering Guinness Peat Aviation (GPA), is set to send ownership of its fleet of 1,000 jets to Shannon, a small town in the west of Ireland where GPA pioneered the plane leasing industry in the 1980s.

Jan 19, 2014

Revenge of the Irish as mega-merger restores air finance crown

SHANNON, Ireland, Jan 19 (Reuters) – Twenty years after the
spectacular collapse of Irish tycoon Tony Ryan’s plane leasing
empire, the Emerald Isle has restored its grip on the world’s
aircraft fleet with a mega-merger that could pave the way for a
wave of multi-billion-dollar IPOs.

The $5 billion takeover of U.S. leasing giant ILFC by AerCap
, a firm that emerged from the ruins of Ryan’s pioneering
Guinness Peat Aviation (GPA), is set to send ownership of its
fleet of 1,000 jets to Shannon, a small town in the west of
Ireland where GPA pioneered the plane leasing industry in the
1980s.

Jan 7, 2014

Ireland draws bumper demand for first post-bailout bond

By Conor Humphries and John Geddie

DUBLIN/LONDON, Jan 7 (Reuters/IFR) – Ireland made a storming return to the international bond market on Tuesday, with bumper demand for the country’s first debt sale since exiting its EU/IMF bailout helping to drive down yields across the euro zone’s periphery.

Investors bid more than 14 billion euros (11.5 billion pounds) for the new 10-year bond sold via syndication, nearly four times the size of the final 3.75 billion euro issue, the country’s NTMA debt agency said.

Jan 7, 2014

Bumper demand seen for Ireland’s first bond sale since bailout

(Adds context, quotes)

By Conor Humphries and John Geddie

DUBLIN/LONDON, Jan 7 (Reuters/IFR) – Ireland looked set for a storming return to the international bond market on Tuesday, with bumper demand expected for the country’s first debt sale since exiting its EU/IMF bailout last month.

The sale of 10-year bonds was launched via a syndicate of banks. No official size or price guidance has been given but sources close to the deal said the bond was likely to be sized at 3 billion euros and priced later on Tuesday at mid-swaps plus 140 basis points.