Search Results for 'Michael McAteer'

Well-known entrepreneur and experienced investor Tom O’Gorman has checked-in to Galway’s vibrant hotel market with the purchase of the Clybaun Hotel in Knocknacarra, in a deal valued in excess of €3m. The Hotel Clybaun was offered for sale on the instructions of the joint receivers, Patrick Dillon and Michael McAteer of Grant Thornton.

There seems to be light at the end of the tunnel for Aer Arann as UK logistics group Stobart announced it will be investing €2.5 million for the airline to operate flights to London Southend Airport.

The news that came out of the High Court yesterday afternoon that there is a reasonable chance of Aer Arann surviving is one that should be welcomed most especially here in the west. Our local airport is dependent on Aer Arann for giving us the type of connectivity to the major UK and Irish cities that a major city like Galway needs.

Aer Arann has a “reasonable prospect of survival” and could return to profitability by next year, the High Court was told at a hearing held yesterday (Wednesday) to determine the airline’s examinership status.

Following the announcement last week in the High Court that Michael McAteer of Grant Thornton has been appointed as interim examiner to Comhfhorbairt (Gaillimh) trading as Aer Arann, the airline has assured the public that all scheduled services will continue to operate as normal.

It will be business as usual, for the time being, at Galway Airport while embattled regional airline Aer Arann, which recently applied for voluntary examinership, attempts to implement a survival plan, according to airport management.

The High Court has approved a modified survival scheme for two companies in Galway businessman John Sweeney's Black Shore group.

A modified survival scheme for two companies in Galway businessman John Sweeney's Black Shore group may resolve Anglo Irish Bank's concerns about the scheme, the High Court heard today (Wed).

Breaffy House Resort which encompasses Breaffy House Hotel and Breaffy Woods Hotel, which is under the management of the Lynch Hotel Group, is set to begin examinership proceedings.

The Lynch Hotel Group, one of Ireland’s largest hotel operators which includes in its hotel portfolio Breaffy House Resort, emerged from its examinership process this week.