Irish State to Exit AIB, Putting Lender Into Private Ownership
The Irish state has launched its final share sale with AIB Group Plc, reducing its stake in the lender to zero and putting it into private ownership.
The Finance Ministry has announced its intention to exit the state's directed shareholding by way of an accelerated bookbuild transaction, the Department of Finance said in a statement Monday.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
29 minutes ago
- Bloomberg
Airbus Defense Chief Laments ‘Tricky' Europe Fighter Jet Union
By , Benedikt Kammel, and Kate Duffy Save Airbus SE 's defense chief bemoaned fresh infighting with French partner Dassault Aviation SA on their European fighter-jet program as concerns mount over delays, and called for closer collaboration with a UK-led rival. 'For us, bringing up old issues makes it tricky at the moment,' Michael Schoellhorn, chief executive officer of Airbus Defence and Space, said in an interview at the Paris Air Show. The focus should instead be on 'how do we come together so that we can contribute something positive and move the program forward,' he said.
Condé Nast Traveler
an hour ago
- Condé Nast Traveler
Delta Passengers Can Book a ‘Last Mile' Private Jet Charter to Europe This Summer
For most travelers, flying to Europe's summer hot spots like the South of France, Amalfi Coast, or Greek Islands requires a lengthy, multi-stop journey: The transatlantic flight takes a day of travel in itself, and then you have to factor in layovers, hours spent at the airport, and final-leg drives, puddle jumpers, or ferry rides. That is, unless you have a private jet to whisk you straight there. This summer, Delta Air Lines is making it easier for commercial fliers to get to hard-to-reach destinations like these with the option to connect international Delta flights to 'last leg' jet charters via Wheels Up, a private aviation company (of which Delta is a major shareholder). Delta One passengers flying to European summer travel hubs such as Athens will receive an invitation to book onward travel through Wheels Up. Unsplash Here's how it works. If you purchase a flight in Delta One, the airline's business class cabin, to Athens, Barcelona, Naples, Nice, or Rome this summer, you'll receive an email or mobile app prompt notifying you of the ability to book your onward travel plans—perhaps to St. Tropez, the Amalfi Coast, Mykonos, or Ibiza—through Wheels Up. Click from there and you'll be directed to the Wheels Up website, where you can charter a private aircraft for the final leg of your journey. A real-life itinerary includes a Delta One flight between New York-JFK and London Heathrow, followed by a charter plane from Farnborough Airport to Toulon Hyères Airport in France, ending with a helicopter ride or car transfer to St. Tropez. Between each leg, Wheels Up arranges a private transfer service that can pick you up directly from the tarmac, when permitted. While the details—and pricing—will vary depending on the trip, the whole idea is to get you as close to your final destination in as little amount of time as possible. Thanks to its 2022 acquisition of the UK-based private aviation company Air Partner, Wheels Up's charter business now has access to 7,000 aircraft around the world, including seaplanes, helicopters, and private jets of varying sizes, such as the Bombardier Challenger 300 jet and Embraer Phenom 300 (both can seat up to 9 passengers). The vast network means both the aircraft type and destinations are incredibly customizable. 'Delta has a huge global network, they fly to hundreds and hundreds and hundreds of airports,' George Mattson, CEO of Wheels Up and former member of Delta's Board of Directors, tells Condé Nast Traveler. 'But if you connect it now to Wheels Up, it's every airport—it's infinite.' The Wheels Up fleet includes several types of mid-size business jets like the Cessna Citation Excel, pictured above—a popular option for groups and families. Courtesy Wheels Up For travelers concerned about the environmental impact of private jet travel, Wheels Up customers have the option to purchase Sustainable Aviation Fuel (SAF) through Delta's SAF program, something that is not typically available to private fliers due to the fuel's limited availability. (In 2024, it only accounted for 0.3% of global jet fuel production, and it's not yet widely available at the majority of airports.) The integration between the Delta and Wheels Up also includes loyalty program incentives: Wheels Up Members who spend $100,000 over a one-year period receive Diamond Medallion Status with Delta, and Delta SkyMiles members with Diamond or Platinum Medallion status can select a Wheels Up private flight credit as one of their annual Choice Benefits (Diamond members receive a $2,000 credit, while Platinum members receive a $1,500 credit). And this summer, Wheels Up members who purchase a new fund or add to their existing balance through June 30, 2025 will receive Delta SkyMiles Diamond Medallion Status along with one of three reward options: up to 5% in Wheels Up Flight Credit, up to 1 million bonus SkyMiles, or enhanced fund benefits, including lower maximum hourly rates. The ultimate goal is to merge two historically siloed sectors of the aviation industry to better serve the flying habits of premium travelers. 'The vast majority of people who fly private also fly commercial,' says Mattson. 'So why should they have to manage these two things separately?'
Bloomberg
an hour ago
- Bloomberg
ICYMI: Facial Recognition vs Facial Verification
Having experienced the devastating consequences of online criminal activity, founder and CEO, Andrew Bud, vowed to find a safe and secure way for organizations to verify the genuine presence of an individual. To enable this to happen it was necessary to ensure that the person setting up an online account was an actual person, and then authenticate that person whenever they return to use a digital service or verify their identity at secure locations. The Big Idea was to use facial biometrics and controlled illumination to assure the genuine presence of a human being. Why facial biometrics? Because most government-issued identity documents contain a picture of a face and an identity can be verified against a trusted source. Why controlled illumination? Because it's completely effortless for the user – with no instructions to follow or complex actions required. Just a brief, simple selfie capture that takes just seconds to complete. This gives the most secure assurance that an individual is not an imposter, a photo, a mask, a deepfake video, or a multitude of other sophisticated cyber attack tactics being used by criminal gangs worldwide. iProov does facial verification, not facial recognition. The difference is, with verification tech like iProov's, the user consents, and derives a benefit from it.
