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Low-cost carrier Ryanair on Monday reported its best-ever annual profit, as passenger and revenue growth offset sharply higher operating costs. The Dublin-based firm said full-year profit after tax jumped 34% to 1.92 billion euros ($2.09 billion), and announced a 700-million-euro share buyback program. Revenue rose 25% year-on-year to 13.44 billion euros as the airline served 184 million passengers, 23% more than before the Covid pandemic. Ryanair Chief Financial Officer Neil Sorahan told CNBC's "Squawk Box Europe" Monday that its share buyback reflected a "very strong" balance sheet. "Our priorities have been very much: restore the pay for our people after Covid, bring in pay increases, pay down the debt," he said.
Persons: Neil Sorahan, CNBC's, we've, actualy Organizations: Ryanair, Revenue Locations: Dublin
The Dublin-New York video portal has shut down again as it's tech fails to stop inappropriate behaviour. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA livestream video portal aimed at bringing people together across Dublin and New York went viral this week for all the wrong reasons. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Business Locations: Dublin, New York
ValueAct Capital on Wednesday unveiled a stake in Flutter Entertainment , the Dublin-based parent company of sports betting firm Fanduel. It is possible that ValueAct previously had some other exposure to Flutter. The hedge fund previously had a position in The Stars Group, which was acquired by Flutter in 2020. While the ValueAct stake in Flutter is small, Gordon Haskett analyst Don Bilson pointed out in a note to clients that UBS also reported a stake in the gaming company. UBS has previously worked with ValueAct to build stakes in individual stocks for the hedge fund, Bilson said.
Persons: Mason Morfit, ValueAct, Walt Disney, Gordon Haskett, Don Bilson, Bilson Organizations: Capital, Walt, Securities and Exchange Commission, Stars, UBS, New York Stock Exchange, NYSE, Seagate Technology Holdings, Paycom Locations: Dublin, ValueAct
The portal between New York City and Dublin — a giant video installation livestreaming between the two locations — has been shut down due to bad behavior. In fact, we should have portals all over the country, all over the world — connecting two random places. Currently, there's a portal between cities in Lithuania and Poland, but let's dream even bigger. Related storiesBut the portal is a case of technology that's just pure joy. The situation is what makes it different — video chatting technology is usually personal, used at home or in your office conference room.
Persons: It's, Yorkers, OnlyFans influencer, Ava Louise, Addison Rae's, Antonio Brown, Ye, Jeffree Starr, Phil Organizations: Service, Dublin, Business, Google Locations: New York City, Miami, Tokyo, Florence, Dubai, Delhi, Stockholm, Lithuania, Poland, Dublin, NYC, Covid
Less than a week after two public sculptures featuring a livestream between Dublin, Ireland, and New York City debuted, “inappropriate behavior” in real-time interactions between people in the two cities has prompted a temporary shutdown. The creators of the sculptures are now “investigating possible technical solutions to inappropriate behaviour by a small minority of people in front of the Portal,” according to a statement from the Dublin City Council. “Dublin City Council had hoped to have a solution in place today, but unfortunately the preferred solution, which would have involved blurring, was not satisfactory,” the City Council said late Tuesday. The Dublin-New York city pairing isn’t the first real-time bridge between cities through these sculptures. The first Portals, according to the organization’s website, linked Vilnius, Lithuania, with Lublin, Poland, in 2021.
Persons: Niall Carson, , Benediktas Gylys, Daithí, de Róiste, , De Róiste Organizations: CNN, New York City, Dublin City Council, City Council, Dublin, AP Organizers, Flatiron NoMad Partnership, Flatiron, Public, Broadway, Fifth, Dublin’s, Mayor, Róiste’s, Smart Locations: Dublin, Ireland, New, New York, , York, Poland, Brazil, Lithuania, City, Vilnius, Lublin
The Dublin-based parent company of FanDuel launched a secondary listing of its shares on the New York Stock Exchange on Jan. 29. Shareholders have since voted to making the NYSE the primary listing for the stock rather than London, and that change is slated to take effect May 31. UBS analyst Ben Shelley said in a May 9 note to clients that the primary listing change could help close those gaps. Flutter is not the only company in recent years to shift its primary listing to the U.S., and the track records of those companies could be a positive sign for Flutter. UBS pointed to building materials companies CRH — which transitioned its primary listing to the NYSE in September 2023 — and Ferguson — which made the switch in May 2022 — as examples.
Persons: FanDuel, Ben Shelley, , Ferguson, Shelley, Paddy Power Organizations: UBS, The, New York Stock Exchange, NYSE, Penn Entertainment, MGM Resorts International, DraftKings, MGM International Locations: U.S, The Dublin, London
CNN —A new interactive art installation in New York City is allowing viewers to communicate with people 3,000 miles away in Dublin, Ireland. The brainchild of Lithuanian artist Benediktas Gylys, “the Portal” was unveiled on Wednesday and allows people on either side of the Atlantic to interact with each other via a video link. The idea was “conceived as a testament to the power of art to transcend physical barriers,” reads the press release from Gylys and officials from New York City and Dublin. The Dublin portal will also connect with other installations in Lithuania and Poland from July onwards, said de Róiste in the statement. This is not the first time that an artist has brought New Yorkers closer to people across the Atlantic.
Persons: Benediktas Gylys, Brendan McDermid, , Daithí de Róiste, de Róiste, Paul St, George Organizations: CNN, Flatiron South Public, Broadway, Reuters Locations: New York City, Dublin, Ireland, Gylys, Lithuanian, Vilnius, Polish, Lublin, Lithuania, Poland, British, London, New York
EU Parliament approves major reforms to migration policy
  + stars: | 2024-04-10 | by ( Luke Mcgee | ) edition.cnn.com   time to read: +6 min
The wide-ranging reforms are designed to ease the burden on countries that have historically taken the most asylum-seekers among the EU’s 27 member states. Roberta Metsola, President of the European Parliament, said: “We have delivered a robust legislative framework on how to deal with migration and asylum in the EU. In theory, the EU will now spread the burden across the 27 member states, either through relocation of people to other member states or through financial and practical assistance in processing refugee claims. In a number of EU countries – notably Italy, Hungary, Slovakia and Sweden – anti-immigrant Euroskeptic politicians are in power, either outright or through coalition. “And it will ultimately be up to the member states themselves to decide how these new measures are practically managed.
Persons: Roberta Metsola, Joelle Grogan, Grogan, , Alberto Neidhardt, Neidhardt Organizations: CNN, European, EU, European Policy, Ukraine Locations: Greece, Italy, Malta, East, North Africa, Dublin, Brussels, , Hungary, Slovakia, Sweden, France, Germany, Ukraine, United States
CNN —The public absence of Catherine, Princess of Wales, has grown from a niche royal watcher concern to an international punchline in a matter of weeks. Droves of amateur detectives have crafted timelines and deep dives into the princess’ movements over the last few months, combining real concern with outlandish conspiracy. The uproar, the theories, the analyses, the jokes and, yes, the serious concern — they all show the multitude of ways people interact with and view the royal family. “Not [the royal family] specifically, just anyone in that kind of position.”Catherine, Princess Of Wales is seen during the opening of Evelina London's new children's day surgery unit on December 5, 2023 in London, England. Chris Jackson/Getty ImagesMore dire than the growing transatlantic comedy routine is the apparent dissolution of trust between some media outlets and the royal family.
Persons: Catherine , Princess of Wales, That’s, Kate, hasn’t, CNN It’s, it’s, , who’s, , unrelatable, I’ve, Susan Graves, subreddit, Diana, Prince Harry, Prince Andrew, Carly Wainsworth, “ It’s, Graves, Wainsworth, Meghan, Duchess of Sussex, King Charles ’, Princess Diana —, they’re, ” Wainsworth, ” Catherine, Princess, Ian Vogler, Kate truthers, Kate Middleton ”, kate, don’t, Pete Davidson, Singer, Stephen Colbert, Stephen Colbert , goss, Cillian Murphy, ” Prince William , Prince of Wales, Prince Louis of Wales, Princess Charlotte of Wales, Prince George of Wales, Chris Jackson, Catherine, you’re, we’ve, Phil Chetwynd, Prince William, Mark Borkowski, ” Borkowski, Rosa Prince, Barbie Organizations: CNN, Daily, Dublin Airport, Getty, AFP, BBC, British Press Photographers ’ Association, , The Daily Mail, Royal, , ” Politico Locations: Kensington, Brazilian, Birmingham, Wales, London, England, Buckingham
CNN —“Ireland, we are at war,” UFC star Conor McGregor declared to his millions of social media followers on November 22, 2023. This comes after the Garda – as Ireland’s police are known – told CNN there were 231 anti-immigration related public gatherings in 2023. A working-class boy from Dublin, McGregor was driven by a desire to become world champion in a sport relatively unknown in Ireland. Political analysts and far-right experts have told CNN that McGregor’s unique brand of Irish patriotism that won him supporters as a fighter has mutated into a strand of “far-right” Irish nationalism. O’Keefe regularly writes to McGregor on X, calling him “President McGregor.” O’Keefe did not respond to CNN’s request for comment.
Persons: CNN —, , Conor McGregor, It’s, McGregor, Ciarán, ” O’Connor, McGregor’s, , Petery Murphy, Paul Murphy, , Murphy, Drew Harris, ” Conor McGregor, Dustin Poirier, Stacy Revere, Khabib Nurmagomedov, Floyd Mayweather Jr, Aodhán Ó Ríordáin, ” Ewan MacKenna, ” McGregor, Patrick T, Fallon, , “ McGregor, Matthew Donoghue, Megan Briggs, Mick O’Keefe, O’Keefe, ” O’Keefe, Keith Woods, lambasts, Woods, Nick Fuentes ’, Fuentes –, Padraig Pearse, Artur Widak, Europe’s, Heidi Beirich, ” Donoghue Organizations: CNN, CNN — “, ” UFC, Institute for Strategic, Police, Flames, Getty, Irish, People, Profit, Irish National Party, Irish Freedom Party, Garda, Local, UFC, Guardian, Mobile, Forbes, Labour, RTÉ, Central Statistics Office Ireland, Ireland, University College Dublin, Denver Nuggets, Miami Heat, Kaseya Center, North, American White, Blacks, Leinster House, , Global, Twitter Locations: CNN — “ Ireland, Dublin, Irish, Ireland, Algeria, AFP, Las Vegas , Nevada, It’s, East Wall, Miami , Florida, North America, American, “ Ireland, Europe’s “, Germany, France, Italy, Sweden
London CNN —The estate of Irish singer Sinéad O’Connor has called on Donald Trump to stop using one of her songs during campaign events, the latest in a string of similar requests from artists who have decided they don’t want to be associated with the former US president. “It was with outrage therefore that we learned that Donald Trump has been using her iconic performance of Nothing Compares 2 U at his political rallies,” it continues. “As the guardians of her legacy, we demand that Donald Trump, and his associates desist from using her music immediately,” it concluded. 1 in 1990, buoyed by a music video that featured O’Connor, with close-cropped hair and a dark turtleneck. In 2020, the Rolling Stones threatened legal action against Trump’s campaign for using their music at his campaign rallies, and Tom Petty’s family issued a cease-and-desist notice to the Trump campaign after “I Won’t Back Down” was played at a rally.
Persons: Sinéad O’Connor, Donald Trump, , O’Connor, Tom Petty’s, Trump, , Adele, Steven Tyler Organizations: London CNN, Chrysalis Records, CNN, Linkin, Trump, Republican Locations: Dublin, London
A Florida funeral home shipped the men’s remains to Ireland, according to a letter from a Florida medical examiner’s office. A CNN request under open-records law revealed documents confirming the mix-up, including letters from the Irish consulate in Atlanta to the medical examiner’s office and investigators involved in the case. That’s when the victims’ loved ones discovered the mix-up, according to the August letter from the medical examiner’s office. The Pinellas County Forensic Science Center in Largo, Florida -- home to the medical examiner's office. The District Six Medical Examiner Office did not respond to CNN’s request for additional details.
Persons: Kane Mitchell, Luke Comiskey, he’d, Comiskey, Mitchell, they’re, William Pellan, it’s, , ” Pellan, Luke Comiskey’s, Luke, James Richard Peoples III, Peoples, , , Chris O'Mera, Pellan, Leana Wen, Police Adam Geissenberger, Barnabas Church Organizations: CNN, Florida, Pinellas Park Police Department, District Six, Office, Irish Department of Foreign Affairs, Pinellas Park police, Peoples, Six, Medical, Forensic Science, Medical Examiner Office, CNN Florida’s Department of Law, Pinellas, Pinellas Park Chief, Police, Gaelic football Locations: Dublin, Pinellas Park, St . Petersburg, Florida, Ireland, Irish, Atlanta, St . Petersburg , Florida, Pinellas, Largo , Florida, Baltimore, New York, St, Bronx, New York City, Australia, Spain
The rise in the index has raised some concerns over valuations, but Morgan Stanley's Andrew Slimmon has a more positive take on the recent market moves. Microsoft In the tech sector, Slimmon named Microsoft as his choice to play the AI boom. This gives it around 16.3% potential upside. The average price target for Ameriprise is $418.03, according to FactSet data, giving it potential upside of around 5.1%. This gives it around 4% upside potential.
Persons: Morgan Stanley's Andrew Slimmon, CNBC's, Slimmon, Ameriprise Slimmon Organizations: Morgan Stanley Investment Management, Microsoft, Ameriprise, Apple, Meta, Nvidia, Tesla, New York Stock Exchange, Euronext, London Stock Exchange Locations: Dublin, Euronext Dublin, U.S
Then there’s the much more entertaining murder mystery, in which one or two people have been killed, or perhaps none. A priest once posted to Kilkinure is found dead in his Dublin home, and suspicion falls on the protesting women. At about the same time, Lorna hits her head in a pub and wakes up at home, to find a dead woman propped against the wall of her sitting room. Murtaugh, greatly abetted by Wilson, balances the heaviness of his material with a humor and a lightness of spirit that make “The Woman in the Wall” a brisk, engaging production. And the closing credits offer a bonus: a few bars of a haunting, unreleased number, “The Magdalene Song,” that Sinead O’Connor recorded shortly before her death which dovetails with Wilson’s performance.
Persons: Lorna, Wilson, Daryl McCormack, , Leo Grande ”, Simon Delaney, Cillian Lenaghan, Murtaugh, — Murtaugh, Magdalene, , Sinead O’Connor Organizations: Dublin Locations: Dublin, American, England
Wendy’s Co. named a longtime PepsiCo executive as its new CEO on Thursday. The Dublin, Ohio-based burger chain said Kirk Tanner will become president and CEO on Feb. 5. Tanner, who joined PepsiCo in 1992, most recently served as its CEO of North American beverages. Tanner succeeds Todd Penegor, who has served as Wendy’s president and CEO since 2016. In the first nine months of 2023, Wendy’s global same-store sales were up 5%.
Persons: Kirk Tanner, Tanner, Todd Penegor, Penegor, Wendy’s, Nelson Peltz, Peltz Organizations: PepsiCo, McDonald’s Locations: Dublin , Ohio, American, U.S
She was kidnapped by Matthew Muller in Vallejo, California, in the middle of the night. When Huskins reappeared after her ordeal, Vallejo police accused her of staging the abduction as a hoax. Muller was ultimately ID'd as Huskins' kidnapper, and the Vallejo police eventually apologized publicly to Huskins for the labeling her ordeal a hoax. AdvertisementMuller was indicted in a Sacramento federal court on kidnapping charges in October 2015, nearly seven months after Huskins' abduction. AdvertisementBut state charges for the rape of Huskins were filed in Solano County Superior Court against Muller in 2018.
Persons: Denise Huskins, Matthew Muller, Muller, , Felicity Morris, Bernadette Higgins, Huskins, Aaron Quinn, Quinn, fiancée, Andrea Roberts, Vallejo, Gillian Flynn's, David Fincher, Amy Dunne, Rosamund Pike, Nick Dunne, Ben Affleck, Quinn weren't, Misty Carausu, " Muller, Phillip A, Talbert, Huskins hadn't, he'd, Muller wasn't, He's Organizations: Service, San Francisco, Authorities, Netflix, Dublin, FBI, San Francisco Chronicle, US, Court, Napa State Hospital, CBS, FCI Tucson, Federal Bureau of Prisons, Vallejo Locations: Vallejo , California, partner's California, South Lake Tahoe, Huntington Beach, Vallejo, Dublin , California, Netflix's, Dublin, Huntington, South Lake, South, Tahoe, Sacramento, Alameda, Solano County, Napa, Arizona
The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. The company currently connects more than 17 million vehicles and Napier said Cubic can update the car from the assembly all the way through its lifetime. "We can update the car in the production line, we can update the car on the ship, we can update the car when it arrives anywhere," Napier said. Cubic will become a consolidated subsidiary of SoftBank Corp, and the deal is set to close in the first half of 2024. Jefferies served as lead financial adviser to Cubic on the deal, while PJT Partners acted as lead financial adviser to SoftBank.
Persons: Issei Kato, Junichi Miyakawa, Barry Napier, SoftBank, Napier, Jefferies, Nick Carey, Nick Zieminski Organizations: SoftBank, REUTERS, SoftBank Corp, Cubic Telecom, Japan, Volkswagen, Qualcomm, Consulting, McKinsey, Co, Reuters, Napier, SoftBank Group, Vision Fund, PJT, Thomson Locations: Tokyo, Japan, TOKYO, Dublin, Irish
Blackwells, run by Jason Aintabi, plans to nominate several directors to Wendy's 12-member board, said the sources, who asked not to be identified discussing confidential deliberations. It made no mention of any plans to challenge the Wendy's board. Wendy's reported adjusted third-quarter earnings per share of 27 cents last month, beating analysts' average estimate of 25 cents. Yet it posted same-restaurant sales growth of 2.8% globally and 2.2% for the United States that were lower than a year ago. In third quarter of 2022, Wendy's had reported global same-restaurant sales growth of 6.9% and U.S. same-restaurant sales growth of 6.4%.
Persons: Burger, Mario Anzuoni, Wendy's, Jason Aintabi, Nelson Peltz, Peter May, Matthew Peltz, Blackwells, Trian, Bob Iger, Peltz, Matthew H, McDonald's, Aintabi, John Foley, Foley, Svea Herbst, Bayliss, Chizu Nomiyama, Kirsten Donovan Organizations: Trian Fund Management, Walt Disney Co, Disney, Restaurant, International Inc, Burger, Interactive, Svea, Thomson Locations: Monrovia , California, North America, Wendy's, Dublin , Ohio, New York, United States, Rhode Island
REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsPARIS, Nov 28 (Reuters) - Night-time protests across France over the past few days by ultra-right militants chanting "Islam out of Europe" have been fanned by last week's rioting in Dublin, a French intelligence source and far-right Telegram communications indicate. In messages sent on French far-right Telegram groups, seen by Reuters, videos of the Dublin riots were shared, highlighting what they said was the assailant's Algerian origin and hailing the reaction of the Irish far-right. CALMING TENSIONSOn a visit to Crepol on Monday, government spokesperson Olivier Veran urged calm, saying "we don't respond to violence with violence, we respond with justice. There are about 3,000 violent ultra-right militants identified by the French intelligence services. That number has been stable for the last few years but the national coordination by demonstrators as seen on Saturday is a new phenomenon, the intelligence source said.
Persons: Sarah Meyssonnier, Jean, Yves Camus, Thomas, Bravo, Camus, Olivier Veran, Gerald Darmanin, Martel, Darmanin, Laurent de Caigny, Layli Foroudi, Juliette Jabkhiro, William Maclean Organizations: French Municipal Police, REUTERS, Rights, Rennes, Grenoble, Telegram, Reuters, France Inter, Thomson Locations: Paris, Villepinte, France, Europe, Dublin, Crepol, Lyon, Ireland
Armoured vehicles pictured in a suburb of Dublin, Ireland, on Nov. 23 have been falsely linked to policing of a riot that broke out in the city centre on the same day, according to Ireland’s Defence Forces. Reuters correspondent Conor Humphries, who reported on the ground during the riot in central Dublin, said he did not see any army vehicles and only police presence. Reuters did not find any imagery of army vehicles inside the city centre where the riot took place. The Defence Forces did not deploy any assets, and none were requested, in support of Ireland’s police in relation to the unrest, the spokesperson said. “The Defence Forces conduct routine driving and training exercises both in Dublin City and beyond very regularly,” the spokesperson said.
Persons: , Conor Humphries, “ Terenure, Cathal Brugha, Imaal, Read Organizations: Ireland’s Defence Forces, Social, Twitter, Facebook, Police, Reuters, The Defence Forces, Dublin, Garda, police, Defence Forces, Thomson Locations: Dublin, Ireland, Terenure, Rathmines, Dublin City, Glen
Elon Musk hit back at the PM, saying he "hates the Irish people." AdvertisementElon Musk said that Ireland's Prime Minister Leo Varadkar "hates the Irish people" after he called for incitement to hatred legislation to be updated as violence erupted across Dublin city center this week. Brian Lawless - PA Images / GettyIn response to the riots, Varadkar called for laws on incitement to hatred to be modernized. Elon Musk has since weighed in on Varadkar's comments, saying in a post on X, formerly Twitter, that the prime minister "hates the Irish people." AdvertisementIronically, the Irish PM hates the Irish people — Elon Musk (@elonmusk) November 24, 2023"The current Irish government clearly cares more about praise from woke media than their own people," Musk added in another post.
Persons: Ireland's, Elon Musk, , Leo Varadkar, Drew Harris, Harris, Brian Lawless, Varadkar, it's, — Elon, tDqVn2OmR0 — Kevin Doyle, @KevDoyle_Indo, Caio Benicio Organizations: Twitter, Service, Ireland's, Advertisement, Irish Independent, Politico, PM, Black Americans, Defamation League, New York Times, BBC News NI Locations: Dublin, Ireland, Irish, Algeria, Brazil
Medical device maker Medtronic raises fiscal 2024 profit view
  + stars: | 2023-11-21 | by ( ) www.reuters.com   time to read: +1 min
Medtronic Plc logo is seen displayed in this illustration taken, April 10, 2023. Medtronic joins medical device makers including Abbott Laboratories (ABT.N) and Boston Scientific(BSX.N) that have benefited from soaring demand for non-urgent surgeries. It now expects profit to be between $5.13 per share and $5.19 per share for the fiscal year 2024, above the range of $5.08 per share to $5.16 per share expected previously. On an adjusted basis, the Dublin-based company reported a profit of $1.25 per share for the second quarter, above analysts' average estimate of $1.18 per share, according to LSEG data. Reporting by Khushi Mandowara and Christy Santhosh in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Medtronic, Khushi Mandowara, Christy Santhosh, Pooja Desai Organizations: REUTERS, Abbott, Abbott Laboratories, Boston, Thomson Locations: Dublin, Bengaluru
Ryanair has returned money to investors in the past, but never on a regular basis. Between 2008 and 2020, the group paid out €6.74 billion ($7.2 billion) to shareholders via buybacks and ad hoc dividend payments, according to a spokesperson. Less competition has allowed the airline to increase ticket prices, which soared 24% on average, offsetting significantly higher fuel costs. That would be up from its previous record of €1.45 billion ($1.6 billion) earned in 2018, before the Covid-19 pandemic. Ryanair agreed to buy up to 300 Boeing 737-10 planes earlier this year in a deal worth $40 billion.
Persons: , Adina Vălean, we’ve, Michael O’Leary, “ I’m Organizations: London CNN, Ryanair, Lauda, Interactive Investor, Financial Times, International Air Transport Association, Boeing Locations: Austrian, Dublin, Europe, Albania
CNN —The biggest-ever drug seizure in the history of Ireland was intercepted off the coast of Cork in the southeast of the country on Tuesday, Irish police said. “It is the largest drug seizure in the history of the State,” Justin Kelly, Assistant Commissioner of An Garda Síochána, Ireland’s police force, said at the same conference. Three men, aged 31, 50 and 60, have been arrested on suspicion of organized crime and are currently being questioned at Garda stations in County Wexford, according to a Garda press release. Officers said the drugs originated from South America and were bound for crime groups in Ireland, the United Kingdom, and Europe. Assistant Commissioner Justin Kelly said the drug seizure was the largest in Ireland's history.
Persons: Matthew ”, Gerry Harrahill, ” Justin Kelly, ” Kelly, Justin Kelly, Garda Síochána, ” Tony Geraghty Organizations: CNN, Revenue, Dublin, State, Garda, Irish Air Corps, Irish Revenue Customs Service, Irish Defence Forces, Irish Naval Service, Maritime Analysis, Narcotics, European Union Locations: Ireland, Cork, South America, County Wexford, United Kingdom, Europe, Dublin, Lisbon, France, Italy, Spain, Netherlands, Portugal
Employees work on a Ryanair plane preparing to take off at the Rosalia De Castro airport in Santiago de Compostela, Spain June 24, 2022. The Irish airline, Europe's largest by passenger numbers, cited Dublin Airport Authority's increased passenger charges and a failure to deliver a "meaningful" environmental incentive scheme as motivation for the decision. The Dublin Airport Authority said in a statement that Ryanair was exaggerating the size of increased charges and that the authority was consulting with airlines about a proposed scheme to incentivise lower-emission aircraft in 2024. It said Dublin Airport's passenger numbers had recovered to pre-pandemic levels and that it had no need to incentivise new growth given a capacity limit under the airport's planning permission. Ryanair frequently cuts capacity from airports during disputes over charges and typically allocates aircraft to airports and regions offering the best growth incentives.
Persons: Rosalia De, Nacho, Eddie Wilson, Padraic Halpin, Conor Humphries, Kylie MacLellan Organizations: Ryanair, REUTERS, Rights, Boeing, MAX, Luton Airport, Irish, Dublin Airport Authority, Thomson Locations: Rosalia De Castro, Santiago de Compostela, Spain, Dublin, Italy
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