Losses of over €1m for Clare People publisher

A BUSINESS that is co-owned by airline company executive Domhnal Slattery and publishes The Clare People newspaper last year sustained losses of over €1 million.

However, managing editor of The Clare People Gerry Collison said yesterday that the paper “has turned the corner” and is in a good position to return a modest profit in 2010.

On Thursday, it emerged that Mr Slattery’s Dublin-based Jetbird venture has placed its 38 staff on protective notice as it battles to secure new funding to launch its executive jet airline service.