‘With airlines there’s always some volatility'
Description
This week industrial peace broke out at Aer Lingus when pilots at the airline voted in favour of a pay proposal brokered by the Labour Court, ending weeks of industrial action that disrupted about 86,000 passengers of Aer Lingus. Ryanair also warned of weaker trading and profitability as passengers put a limit on how much they are prepared to pay for a flight.
Barry O’Halloran of The Irish Times and Davy equity analyst Stephen Furlong joined host Ciarán Hancock in studio to discuss those and other developments in the aviation sector this week.
In the second part of this episode, Eoin Burke Kennedy, economics correspondent of The Irish Times, discusses the tax strategy papers released by the Department of Finance on Tuesday, which will help inform policy in October’s budget. They include proposals to introduce congestion charging for motorists and to require people to report inheritances and gifts to Revenue if it exceeds €3000 in value.
Produced by John Casey with JJ Vernon on sound.
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