High Court told Aer Arann has ‘reasonable prospect of survival’
Aer Arann has a “reasonable prospect of survival” and could return to profitability by next year, the High Court was told at a hearing held yesterday (Wednesday) to determine the airline’s examinership status.
The airline which suffered loses of more than €18 million in the past 30 months, applied to the High Court for examinership on August 26 last with the result of Mr Michael McAteer of Grant Thornton being appointed interim examiner.
John Behan to unveil new sculpture on Monday
The leading Irish sculptor John Behan will next week unveil a special commemorative sculpture to celebrate Music for Galway’s 30th anniversary.
The sculpture, commissioned by Music for Galway, will be unveiled on Monday at 10.30am in the Town Hall Theatre.
New management training fund will help firms realise potential — Fahey
A new €1.4 million fund to train managers in the small and medium enterprises sector will help firms realise their potential and improve productivity and performance.
This is the view of Fianna Fáil Galway West TD Frank Fahey, who said it is estimated that “improved management capability” could be worth between €500 million and €2.5 billion to the manufacturing sector.
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