Friday 19 January 2018

Pilots protest use of partner airlines


PILOTS at the newly merged Continental and United Airlines have started picketing over attempts by United Continental Holdings to use more regional partners for commuter flights.

Pilots at United picketed earlier this year when Aer Lingus began operating flights in conjunction with United from Washington DC to Madrid.

Oil down 5pc in the past week


OIL prices retreated yesterday as concerns grew about economic stability in Europe after Ireland sought billions of euro in financial assistance from its neighbors. Benchmark crude for January delivery fell 24 cents to settle at $81.74 a barrel on the New York Mercantile Exchange. The price has dropped about 5pc from a week ago in the wake of Ireland's debt crisis and China's efforts to slow economic growth.


Circle finds more oil and gas in Egypt


IRISH exploration company Circle Oil has found further oil and gas at the latest well to be drilled at its Al Amir SE discovery in Egypt. The company also said it had found a potential extension to its previously discovered Lower Rudeis Formation. This will be further evaluated in future wells. It said it plans to drill at its Grombalia Permit in Tunisia in early 2011.

Rolls in $1.8bn deal with Air China


ROLLS-Royce has won a $1.8bn (€1.3bn) order from Air China to supply and service 20 aircraft engines. Earlier this month, Rolls, hit by safety concerns after one of its engines exploded in mid-air, won a $1.2bn contract from China Eastern Airlines. In the latest deal the firm will supply engines for Airbus A350s and A330s.

Energia completes 10MW wind farm


ENERGIA has completed construction of its new 10MW wind farm at Drumlough Hill, Buncrana, Co Donegal. The green electricity generated by the farm will be supplied to businesses across Ireland by Energia, which has 17pc (rising to 25pc by 2012) of the all-island renewable electricity connected supply. The 10MW of power at Drumlough will be generated by 12 wind-powered turbines.

Irish Independent

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