John Mulligan
Independent.ie
Ireland
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Past articles by John:
Dublin Airport promises new anti-drone tech ‘within weeks’
NEW anti-drone technology has been ordered for Dublin Airport following a number of incidents in recent weeks that forced the suspension of operations and saw a number of flights diverted, the chief of the DAA, Kenny Jacobs, has confirmed. → Read More
The bank said it would have been easier to fund a milking parlour – now Dermot O’Shea is building a $1bn business
Dermot O’Shea says his boyhood dream was to play for Liverpool FC but its his high-tech manufacturing business, Taoglas, that has now catapulted him into the big league. → Read More
Buyer for Cork ice-cream maker Silver Pail found by examiner
A preferred bidder is understood to have been selected for the Silver Pail Dairy business in Cork, which went into examinership just before Christmas. → Read More
Aer Lingus posts €45m profit as travel surges
AER Lingus staged a strong recovery last year, posting a €45m operating profit as revenues surged on the back of a return of passenger travel following the pandemic. → Read More
Tara Mines in ‘pretty bad’ shape during energy crisis peak, says CEO
The chief executive of Swedish mining giant Boliden said operations at Tara Mines looked “pretty bad” during the autumn as energy prices soared, but that the situation at the lead and zinc mine has since improved. → Read More
Dozens of nursing homes at risk of closure as Fair Deal scheme fails to match soaring inflation
Dozens of nursing homes around the country are at risk of closure because the Fair Deal scheme does not factor in inflation, the boss of a leading chain has warned. → Read More
Global air passenger growth could beat expectations
Global air passenger traffic growth in 2023 could accelerate ahead of normal economic trends after China reopened its borders this year, according to Andy Cronin, the chief executive of Dublin-based aircraft leasing giant Avolon. → Read More
Flutter’s Super Bowl blitz aims to cement US gambling lead
Fanduel, the US sports betting operation owned by Irish gambling group Flutter Entertainment, is hoping that a multi-million dollar marketing blitz in the run-up to this weekend’s Super Bowl will help it lure a huge cache of new customers. → Read More
€1m costs, burning extra fuel and flight delays – how have drones disrupted Dublin Airport?
ILLEGAL drone activity at Dublin Airport over the past number of days is likely to have cost the industry well over €1m. If not stopped the cost of disruptions can quickly multiply as planes have to be diverted, burning extra fuel, and delays pile on staff costs. → Read More
Potential buyers circling Cork ice-cream firm Silver Pail Dairy
A number of potential Irish and international buyers are understood to be circling the Silver Pail Dairy ice-cream business in Cork after an examiner was appointed to the firm before Christmas. → Read More
Ryanair will assess ‘modest’ dividends for shareholders in 2024
RYANAIR shareholders shouldn’t expect blowout buybacks or special dividends in future from the airline, group chief executive Michael O’Leary has warned. → Read More
Ryanair posts third quarter profit of €211m
RYANAIR made a €211m profit after tax in the three months to the end of December, boosted by strong demand in the period. → Read More
Shortage of housing is a ‘critical barrier’ to investment in Ireland, Ibec warns
Business lobby group Ibec is calling for the housing crisis to be addressed “urgently” with ambitious government policies to speed up the delivery of homes. → Read More
Irish-backed $400m Spac is just another statistic in the financial world’s graveyard
Last week, North Atlantic Acquisition Corporation (NAAC) became just another statistic of the financial graveyard. → Read More
Just over half of CEOs in Ireland predict economic decline this year
just over half of chief executives in Ireland believe the country’s economic growth will decline over the next 12 months, even amid hopes that the euro area could avoid a recession in 2023. → Read More
Irish medtech Medihive sees value lift as $33bn US group takes stake
IRISH medtech firm Medihive, previously known as Webdoctor, has raised €5.5m from investors including a $33bn US healthcare company in a deal which values the business at €62m. → Read More
Irish-backed $400m Spac holds crunch vote on deal deadline
Investors are due to decide this evening (Wednesday) if they’ll give Irish-backed investment vehicle North Atlantic Acquisition Corporation an extra six months to complete a deal with $400m (€369m) of cash it raised two years ago. → Read More
Dublin-based aircraft lessor AerCap loses claim against Ryanair and Laudamotion over jet deliveries
The world’s biggest aircraft lessor, Dublin-based AerCap, has lost a case it took in London against Ryanair and its Laudamotion subsidiary related to four aircraft that were due to be delivered to the Austrian carrier at the height of the pandemic in 2020. → Read More
Stobart Air ‘saviour’ now facing fraud charges in Isle of Man court
A young Isle of Man businessman who launched a surprise 2021 takeover bid for Dublin-based Stobart Air, which then operated the Aer Lingus regional service, has appeared in court on the island accused of a multi-million euro fraud in relation to the planned deal. → Read More
Airline leasing firm Avolon has firepower for more acquisitions, says CEO Andy Cronin
Dublin-based aircraft lessor Avolon – the world’s second biggest – has the financial firepower to do another acquisition deal as the top five in the sector consolidate their position in the market, according to chief executive Andy Cronin. → Read More