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Wetherspoon to sell Dublin pub

JD Wetherspoon is selling its Three Tun pub in Blackrock, Co.Dublin. threetun

The decision follows a period of expansion including the opening of an 89-bedroom hotel and pub in Dublin and plans for two new pubs, in Waterford and Galway respectively.

Located on the corner of Temple road and Carysfort Avenue in the south Dublin village of Blackrock, the premises is being offered to the market as a going concern or with full vacant possession at a guide price of €2.5 million.

While the pub occupies a high-profile position within and presented in excellent condition throughout having recently undergone a full programme of refurbishment, its relatively-close proximity (3km) to another of JD Wetherspoon’s southside pubs, the Forty Foot in Dún Laoghaire, is understood to have informed its decision to sell.

Covid cost Tourism €13.4bn

The Irish Tourism Industry Confederation has estimated that Covid-19 has cost tourism and hospitality businesses as much as €13.4 billion. This was revealed in a new report eoghanomw18 “Irish Tourism: From Survival to Revival” . The report, including ITIC’s pre-budget submission, outlines how the sector can recover over the coming years.

ITIC’s Budget submission focuses on 5 key areas namely; the need for a major stimulus package to restore aviation; the continuation of EWSS right through to June 2021; a doubling of tourism investment; certainty on the 9% Vat rate; and tax incentives for employers and businesses to create jobs.

Budget 2022, due to be delivered next month, is “make or break” for the industry according to Eoghan O’Mara Walsh, CEO of ITIC: “Government needs to bet big on tourism – give us the right enabling policies and restore international connectivity and we’ll recover creating tens of thousands of jobs in the process”.

Emerald cleared to fly

Emerald Airlines has become Ireland's newest airline after receiving its Air Operator Certificate , clearing the way for it to commence operating Aer Lingus' regional routes emerald0921

previously operated by Stobart.

The airline underwent a range of inspections by the Irish Aviation Authority and completed its Proving Flight on Friday flying between Dublin and Cork airports.

Emerald recently entered into a franchise agreement with Aer Lingus which will commence on 1 January 2023 for a period of ten years for the operation of Aer Lingus Regional flights. While the contract is not due to commence for 17 months, the airlines said they will evaluate options with respect to an earlier contract start date.

1.26m Dublin passengers in August

The number of passengers using Dublin Airport in August slumped by over 60% compared to pre-Covid-19 levels. dublinairport0421

New figures show that almost 1,260,000 passengers travelled through Dublin Airport in August, down 63% on 2019 levels.

Passenger volumes to and from Continental Europe fell by 54% with 865,000 passengers travelling to European destinations last month.

UK traffic in August declined by 72% compared to pre-pandemic levels as 257,000 passengers went to and from Britain.

Meanwhile, passenger volumes to and from North America decreased by 77%, as 111,000 passengers travelled on transatlantic routes in August.

Ryanair ends Boeing talks

Ryanair has ended talks with Boeing on a major new order for Boeing 737 jets due to a disagreement over pricing, the airline said in a statement today. ryanair0921

"Negotiations with Boeing for a MAX10 order have ended without any agreement on pricing," Ryanair said.

Ryanair and Boeing had been in discussions about a large follow on order for Boeing MAX10 aircraft over the past 10 months.

However, last week it became clear that the pricing gap between the partners could not be closed and accordingly, both sides have agreed to waste no more time on these negotiations, it added.

Ryanair is already the largest European customer for the 737 MAX, with 210 firm orders of the 197-seat MAX 8-200 model. These deliveries will see Ryanair's fleet grow to over 600 aircraft.