Ryanair has the cash to survive for “maybe even 12 months” with no flights or revenue as the Covid-19 pandemic shuts the air travel industry down, CEO Michael O’Leary has said.

Shannon Airport yesterday celebrated the beginning of a new era as it officially became an independent entity.

Shannon Airport has secured its first new service since it was cut free from the Dublin Airport Authority a month ago.

Thousands of jobs can be created for Shannon Airport and the wider mid-west if the Government moves to establish a debt-free, independent Shannon Airport.

Aer Lingus and Ryanair’s 90% dominant position at Cork Airport poses a threat to the airport’s Heathrow routes in a takeover situation, Cork Chamber warned yesterday.

THE vice-president of the Irish Hotels Federation yesterday hit back at claims by Ryanair chief executive Michael O’Leary that Shannon airport has priced itself out of the market.

The airport previously owned by high-flying businessman Jim Mansfield is being sold at a down-to-earth price of €3 million.

RYANAIR has slammed new travel charge increases at Shannon which the airline claims will further erode its passenger figures.

RYANAIR chief executive Michael O’Leary yesterday claimed Taoiseach Bertie Ahern would be cross-examined in the High Court over the Government’s decision to award the construction of the second terminal at Dublin airport to the Dublin Airport Authority (DAA).

PLANS to alleviate the threat of major delays to flights at Dublin Airport this summer could face a legal challenge.

THE chairman of a regional development body launched a blistering attack on the Government yesterday over its handling of the controversial Cork Airport debt and passenger terminal issues.

New figures show Dublin Airport handled more than 3.1 million passengers in July.

The Emirates airline is to begin a new daily Dublin-Dubai service from January, it was announced today.

A strike threat by Aer Lingus airline and airport staff will not have any immediate impact on travellers, unions said.

Budget airline Ryanair today claimed it offered the Government guarantees last year over the use of a hangar at Dublin Airport which could have secured hundreds of jobs.

Brexit puts at risk the Government’s cross-border promotion of tourism, which has been in place as part of the Good Friday agreement, and threatens the Common Travel Area with Britain.

The head of the Dublin Airport Authority has welcomed US President Barack Obama’s backing for a transatlantic service from Cork Airport — but also expressed concern about any possible delays at the American side.

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