Saturday 24 March 2018

Leasing firm now has 167 aircraft

Dublin-based global aircraft leasing firm Avolon, which was established by Clare entrepreneur Domhnal Slattery, said it now has 167 aircraft committed to its fleet, with 91 of those already delivered. Mr Slattery said that 2012 had been a year of "significant progress" for Avolon and that it now has aircraft leased to 34 airlines. He said the company had delivered a strong performance "against every financial and operating level" last year.

German investor confidence on rise

A CLOSELY watched survey shows an unexpectedly sharp increase in German investor confidence.

The rise suggested emerging optimism over how financial markets will perform in the coming months.

The ZEW institute said yesterday its indicator of economic sentiment rose by 24.6 points in January over the month before to an overall 31.5 points – its highest level since May 2010. Economists had predicted a more modest rise to 12 points.

ZEW president Wolfgang Franz said that experts "seem to expect that the positive sentiment on the financial markets may soon result in companies realising investments that had been postponed".

Dispute days lost more than double

THERE were 8,486 days lost to industrial disputes last year, according to figures from the Central Statistics Office (CSO). That is a significant rise on 2011, when 3,695 days were lost.

The CSO figures show that there were five disputes in progress during 2012, which involved a total of 1,920 workers. Two of these disputes accounted for 6,114 – or 72pc – of the days lost.

Despite the year-on-year increase no days were lost to industrial action during the final three months of last year. This represents the first quarter where no days were lost since the third quarter of 2007.

Commuters: 83pc have no link to net

research commissioned by Sky reveals that almost 83pc of Irish commuters have little or no access to an internet connection on their journey to work.

Survey respondents revealed that they check already downloaded emails, play games on their phone and read.

The research coincides with the launch of Sky Go Extra, a subscription service which will help Sky customers make the most of their downtime when commuting. The service is available to all Sky TV homes for €6 per month.

Irish Independent

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