Aer Lingus job cuts and Ryanair’s profits plunge - what is happening in the Irish aviation sector?
Inside Business with Ciaran HancockShow Notes
First up on Inside Business this week, we look at the woes impacting the Irish aviation sector.
Aer Lingus last week announced plans to cut up to 500 jobs at the airline, the equivalent of 8 per cent of its workforce.
And Ryanair announced on Monday that its profits had dropped in the first half of the year due to higher fuel costs and a reduction in air fares as people hedge their travel plans amid the current increases in the cost of living.
To discuss these issues, host Ciarán Hancock was joined in studio by Davy stockbrokers aviation analyst Stephen Furlong and on the line by Eoghan Corry, a veteran aviation journalist.
Plus, Ciara O’Brien of The Irish Times on the Government’s plans to introduce a digital wallet, that in time could hold your passport and driving licence.
How will it work and why is it being brought in now?
Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
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