Categorized as: Syndicated News

The changing world of aviation

Globally, there are four big trends reshaping the aviation industry, which aviation companies and the Irish government alike must plan for.

For half a century, the largest western airlines had the market for intercontinental air services to themselves. Now, competition for long-haul traffic is fierce, with the ‘Gulf Three’ diverting passengers who would previously have hubbed in Europe or south-east Asia through the Gulf mega-airports.

Some Gulf airlines are offering …

€1K ‘Granny Grant’ proposed for grandparents who help with childcare in Budget talks

Grandparents who help out with childcare would receive a €1,000 annual payment under plans outlined by Independent ministers in Budget negotiations.

The self-assessed payment would be available to all grandparents who care for their grandchildren for more than 10 hours per week.

In their first negotiations with Finance Minister Paschal Donohoe ahead of the Budget, Shane Ross’s Independent Alliance, which props up the Fine Gael-lead Government, called for its introduction.

Trump and Brexit boost Silicon Docks

The rapid growth of Dublin’s Silicon Docks is being fuelled by a combination of US president Donald Trump’s stance on immigration and ongoing uncertainty in relation to the attitude of the UK authorities to foreign workers post-Brexit.

That’s the message Hibernia Reit CEO Kevin Nowlan says his company has been hearing from its tech-sector tenants as they seek to navigate the twin challenges of doing business both in Trump’s America …

Hotels face higher costs due to staff shortages

Ireland’s resurgent hotel sector is facing competition for labour that is likely to push up costs for operators as they battle for staff in an economy with falling unemployment, a new study has warned.

The annual Crowe Ireland survey of the country’s hotel sector said that the industry has enjoyed the seventh consecutive year of increased turnover.

It’s now firing on all cylinders across the country, with record profitability, record …

DataStax opens first Irish office creating 30 jobs in Cork

DataStax, a US-based data management IT company, is to create 30 jobs in Cork with the opening of its first office in Ireland.

The California-based company, which was founded in 2010, currently has over 500 employees based in multiple US and international locations.

The move into Ireland is a chance for DataStax to expand its back-office operations and opens the possibility for attracting a wider range of talent in Ireland …

Europe IPO market up 5pc in first half

The European IPO market posted a 5pc increase in money raised in the first half of 2018, with total proceeds of €21.8bn.

The number of initial public offerings was up 4pc at 168.

The figures are contained in a new report from PwC, which said that after a strong first quarter activity had become subdued in the second quarter – with a 43pc decrease in money raised and a 7pc …

Apple expects profit to soar as iPhone X boosts strong sales

Apple is expected to unveil its biggest rise in profits since late 2015, with third-quarter revenue set to hit $52.9bn (€45.3bn), boosted by dearer iPhones and strong sales from its lucrative app store and services business.

Analysts and mobile industry sources expect investors in the Silicon Valley giant to receive the welcome news of another quarter of significant year-on-year growth when the group reports its quarterly results tomorrow night.

Some …

Irish students scoop major award for super-efficient car that can drive from Galway to Dublin for less than 15c

A team of engineering students from NUI Galway have scooped a major European award for a super-efficient vehicle.

They took first place for technical innovation at Europe’s prestigious Shell Eco-marathon Europe competition.

The Galway energy-efficient car (Geec, left) is said to be Ireland’s ‘greenest’ with a claimed range of 350km on just one unit, or kilowatt-hour (kWh), of electricity.

That, they say, means a drive from Galway to Dublin would …

Ryanair warns of potential job cuts for up to 300 Dublin-based employees

Ryanair has today written to over 300 employees warning them that their services may not be required from October 28.

The protective notice to staff has been issued after the board took the decision to cut its Dublin-based fleet by 20pc for the winter.

Over 100 pilots and 200 cabin crew employees will be affected by Ryanair’s decision to cut its Dublin fleet to 24 from 30 for the winter …

Wednesday 25 July 2018 Housing crisis deepens and raises pressure on Murphy

THE number of people living in emergency accommodation has hit another record high – but campaigners say the figures don’t take account of the “hidden homeless”.

Housing Minister Eoghan Murphy is under renewed pressure after a series of reports showed the housing crisis continues to worsen.

According to the Department of Housing, 9,872 people were in emergency accommodation during the week of June 18-24. This is an increase of 26 …

^