Latest News for: Ireland leasing

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Taoiseach backs sanctions over aircraft leasing to Belarus

RTE 22 Oct 2021
The Taoiseach Micheál Martin has said Ireland would favour EU sanctions against Irish-registered companies leasing aircraft to Belarus, which has been accused of using the state airline to collect migrants in the Middle East and Africa and depositing them on Europe's borders.
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Brexit: Protocol could promote NI as 'distribution hub'

BBC News 22 Oct 2021
The NI Protocol should be used to promote Northern Ireland as a distribution hub for businesses which sell into the EU and UK, a think tank has suggested ... JD Sports is tackling that issue by leasing warehouses in France, Belgium, the Netherlands and the Republic of Ireland.
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Pressure on some Irish-linked aircraft lessors over planes leased in Belarus

The Irish Times 21 Oct 2021
EU foreign ministers are discussing new economic sanctions on Belarus amid pressure on some Irish aircraft lessors over aircraft they lease to state airline Belavia ... The biggest is Danish-headquartered Nordic Aviation Capital, which uses special purpose vehicles based in Ireland to carry out some of its trade.
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Grafton Street shop wants €500,000 rent cut over Covid closure

Irish Independent 20 Oct 2021
Foot Locker Retail Ireland Ltd seeks a declaration that, by reason of the government-. ordered lockdown, it has been unable to trade from Grafton Street and therefore the lease between it and the landlord has been partially frustrated ... Percy Nominees contends Foot Locker is obligated to pay rent in accordance with the terms of the lease.
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Grafton Street shop wants €500,000 rent cut over Covid closure4435767

Irish Independent 20 Oct 2021
Foot Locker Retail Ireland Ltd seeks a declaration that, by reason of the government-ordered lockdown, it has been unable to trade from Grafton Street and therefore the lease between it and the landlord has been partially frustrated ... Percy Nominees contends Foot Locker is obligated to pay rent in accordance with the terms of the lease.
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Bank of Ireland branch in Drogheda seeks €3.9m

The Irish Times 20 Oct 2021
The building is fully let to Bank of Ireland on a 25-year full repairing and insurance lease, with no break option, from December 2006 ... Many of the branches have long-term leases with the bank, but there is an element of uncertainty over the future of branch banking in Ireland, given the move to digital.
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Foot Locker asks court for €500,000 rent cut over lockdown closures

The Irish Times 19 Oct 2021
Foot Locker Retail Ireland Ltd seeks a declaration that, by reason of the Government ordered lockdown, it has been unable to trade from Grafton Street and therefore the lease between it and the landlord has been partially frustrated ... Percy Nominees contends Foot Locker is obligated to pay rent in accordance with the terms of the lease.
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Irish leasing firms under pressure over alleged use of aircraft to traffic migrants

The Irish Times 18 Oct 2021
Countries including Germany have called for action on the leasing of aircraft to state airline Belavia – accused of a role in orchestrating the migrant flows – and diplomats suggest Ireland’s significant airline leasing industry is in the spotlight ... “A lot of aircraft leasing takes place out of Ireland, it’s a very big business there.
photo: AP / Maxim Guchek/BelTA
Belarusian President Alexander Lukashenko attends a meeting in Minsk, Belarus, Monday, Sept. 21, 2020.
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EU weighs further sanctions on Belarus over illegal migrants

RTE 18 Oct 2021
Although Belavia has already been banned from flying over EU airspace, it still leases planes from EU countries, notably Ireland ... Ireland appeared wary of immediately preventing Belavia from leasing planes because of legal obligations on existing contracts, although Minister for ...
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EU mulling ways to end jet lease to Belarus’ airline

The Associated Press 18 Oct 2021
LUXEMBOURG (AP) — European Union foreign ministers are considering ways to stop the illegal flow of migrants into the 27-nation bloc from neighboring Belarus, including stopping companies from leasing jets to Belarusian airline Belavia ... Coveney, however, insisted that ending existing leasing contracts could be difficult from a legal standpoint.
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VAH Leases Two Airbus A330-200 Aircraft to Italy’s New Airline, ITA

The Marshall News Messenger 18 Oct 2021
Voyager Aviation Holdings, LLC (VAH) announced today that it has closed a transaction with Italy’s new national airline and flag carrier, Italia Trasporto Aereo (ITA), for the lease of two (2) Airbus A330-200 aircraft ... VAH is a privately held aviation investment firm and commercial aircraft leasing company based in Ireland.
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EU mulls targeting Belarus airline over migrant flights

Urdu Point 18 Oct 2021
The EU's Baltic members are pushing to stop the leasing of planes to Belarusian state carrier Belavia as part of a new package of sanctions being drawn up in Brussels. But Ireland -- a key hub for aircraft leasing companies in the bloc -- warned that it may prove difficult to sever contracts already in place ... ....
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EU eyes sanctions on Belarus airline over migrant flights

Urdu Point 18 Oct 2021
" The EU's Baltic members are pushing to stop the leasing of planes to Belarusian state carrier Belavia as part of a new package of sanctions being drawn up in Brussels. But Ireland -- a key hub for aircraft leasing companies in the bloc -- warned that it may prove difficult to sever contracts already in place ... ....
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Little comfort in sight for the stuck middle in Ireland

The Times/The Sunday Times 17 Oct 2021
social housing. Earlier this year Desmond told Darragh O’Brien, the housing minister, that international fund managers “are laughing” at Ireland for leasing homes from funds ... .
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VAH Leases Two Airbus A330-300 Aircraft to iFly Airlines

The Marshall News Messenger 14 Oct 2021
Voyager Aviation Holdings, LLC (VAH) announced today that it has come to an agreement with a new customer, iFly Airlines, who are a well-known Russian airline, for the long-term lease of two (2) Airbus A330-300 aircraft ... VAH is a privately held aviation investment firm and commercial aircraft leasing company based in Ireland.
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