Monday, May 11, 2009

Kenny Visits Clare Capital

Fine Gael Leader Enda Kenny will today visit Ennis to formally launch the party’s local Election campaign in Clare.

The Mayo Deputy will hold a press conference in the Temple Gate Hotel, along with Fine Gael candidates contesting elections the County, as well as Ennis, Shannon, Kilrush and Kilkee.

Kenny Visits Clare Capital

Fine Gael Leader Enda Kenny will today visit Ennis to formally launch the party’s local Election campaign in Clare.

The Mayo Deputy will hold a press conference in the Temple Gate Hotel, along with Fine Gael candidates contesting elections the County, as well as Ennis, Shannon, Kilrush and Kilkee.

Airline Targets Low Cost Carrier Market

Shannon Airport may benefit from the launch of a Clare-owned low-cost executive jet airline, which is set to launch this September.

JetBird predicts it will carry 273,000 passengers a year when it has 100 aircraft, which would equate to roughly 2 per cent of the business air travel market today.

JetBird is the creation of Clare-born financier Domhnal Slattery and is backed by his Claret Capital private equity group, which in turn numbers Senator Feargal Quinn and his family as investors. Last September, a Saudi family paid €10 million for a 9.3 per cent stake in JetBird. The Irish airline is thought to be in talks with the Saudi investors about the possibility of launching a similar venture in the Middle East over the next three years. JetBird also secured $10 million in debt financing from Royal Bank of Scotland to pay for the delivery of aircraft.