RYANAIR has paid $5m (€4.6m) to settle a near five-year-old legal action in the United States that was taken by a pension fund against the carrier and its group chief executive Michael O’Leary after the airline recognised trade unions in 2017.
AviLease, the Ireland-registered aircraft lessor that’s backed by the Saudi government, is reportedly nearing a deal to buy Standard Chartered’s aviation finance unit – which includes Dublin-based Pembroke Aircraft Leasing - in a move that could be worth as much as €3.5bn.