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Loss of Kerry to Dublin route a “severe blow” 





Ths loss of the Stobart Air Kerry to Dublin routes - which was announced yesterday (Sunday) that it's to cease trading with immediate effect - will have a serious impact on the county, in particular the tourism and hospitality industry.

Kerry Tourism Industry Federation (KTIF) is urgently requesting the Government act quickly on the collapse of the airline and appoint a replacement.

The tourism group said that the loss of the routes is "such a severe blow to an industry that has been the most impacted by COVID for over 15 months and will take years to recover".   Passengers affected are advised not to travel to the airport and to check the Aer Lingus website for updated information.

The Department of Transport is currently examining the implications of the announcement while Kerry County Council said it has full confidence in the future of Kerry Airport and will work closely with airport management to ensure the quick restoration of this key route and the future development of further air traffic routes into the county.

Minister for Education and Kerry TD Norma Foley said that she was “saddened to hear the announcement”.

“I have spoken directly on the issue with Kerry Airport and Minister Eamon Ryan and officials regarding the importance of the restoration of services, including the Dublin/Kerry route which is vital to the region. We are all committed to finding a pathway forward for the restoration of connectivity as a matter of urgency.”

The Government is acutely aware of the devastating impact that COVID-19 restrictions are having on the aviation sector.

By the end of June, the sector will have received approx. €300 million in State funding spanning employment supports, waiver of commercial rates and deferral of taxes. The bulk of the support to airlines is through the TWSS/EWSS wage subsidy schemes which were specifically designed to maintain the link between employers and employees. Liquidity support has also been made available by ISIF to large aviation enterprises.

This is in addition to PSO support of approximately €7 million per annum for the affected routes.


Tourism in Kerry generates €661 million annually, employing some 14,000 people. COVID-19 has forced 82% out of the workforce into unemployment. Tourism supply and support businesses have also been severely affected with thousands of employees out of work and companies struggling to survive.

"Connectivity and transport is the lifeblood to rebuilding tourism," Pat O'Leary, Chairman of KTIF said. “The tourism and aviation sector is critical to the economy and viability of life in Kerry, it impacts on every household. It was the first industry to feel the economic devastation of the COVID-19 pandemic and the last to recover. The Government can save vital tourism and businesses connectivity by moving swiftly and confidently appointing a replacement to service these crucial routes. Our thoughts are with the employees at Stobart Air, our colleagues in Kerry Airport and the tourism and aviation industry who are all working so hard on recovery and reopening plans."

Killarney Chamber of Tourism and Commerce said that Stobart operated the Kerry-Dublin service with great professionalism and customer care was always a priority, and that they wish them well as the face a very difficult time.

"Killarney Chamber won’t be found wanting in its commitment to support Kerry Airport and we have every confidence that John Mulhern and his team possess the ability, the knowledge and the determination to bring about the restoration of the service," Niall Kelleher, President, Killarney Chamber of Tourism and Commerce, said. 

"Going forward, Kerry Airport will be critical to reopening the Kerry economy and we must all work to build on any opportunities that arise to provide greater access into the county. Killarney Chamber of Tourism and Commerce is fully committed to help find a pathway forward for the restoration of connectivity."


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Five questions to ask yourself before buying a stock

By Michael O’Connor, When it comes to investing, nothing is certain. There are no perfect stocks to buy because there’s no way of predicting the future with 100% accuracy. […]




By Michael O’Connor,

When it comes to investing, nothing is certain.

There are no perfect stocks to buy because there’s no way of predicting the future with 100% accuracy.

The truth is, investing is hard, and building a portfolio of top stocks that beat the market is something that even financial professionals have trouble doing consistently.

For most people, investing in index funds is the perfect hands-off approach, providing broad exposure to the stock market at a very low fee. Even my own personal portfolio is made up of roughly 70% ETFs despite the fact I invest in the market for a living.

But I believe some stock picking is a good strategy for many hands-on people.

Taking a small portion of your overall portfolio and diligently selecting a small number of companies to invest in gives you an opportunity to learn about the investing process and fully understand the businesses you are investing in, which helps to build conviction in your positions.

From a psychological standpoint “collector’s instinct” kicks in, enabling people to participate and invest more money over time.

Lastly, for Irish investors, there are tax benefits to consider. If you invest in individual stocks, you are taxed at the CGT rate of 33%, and the first €1,270 of your gains are exempt from CGT each year. When investing in index funds or ETFs, you are taxed at the exit tax rate of 41% with no annual exemption.

For those interested in picking individual stocks, here are five questions you should ask yourself before investing in any company.

Do I understand the business?

Too many people invest in businesses they don’t understand because it ‘sounds good’. If you have no idea how the company works, you won’t have the conviction needed to hold onto the stock when an inevitable downturn comes.

Can the balance sheet withstand severe, temporary adversity?

This seems obvious, but so many people invest in companies without understanding how much money a company holds and who they owe money to. Economic cycles are guaranteed. You must ensure that the company has enough cash-on-hand to avoid becoming obsolete when activity slows.

Will the company benefit from long-term trends?

Make sure the company will remain relevant into the future. If the stock is cheap now, it may be cheap for a reason.

Is the company enjoying profitable growth?

Not growth at all costs, but a combination of sustainable growth and value. All this information can be found online at sites like

What are the risk factors?

Is the company trying something new and untested? If yes, who are its competitors and how successful are they? If other players are more established, this company may have a tough time breaking into the market.


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Ballyspillane staff open up mental health conversation

By Michelle Crean “Hello, How Are You?” that’s the question staff at Ballyspillane Community Centre will be asking next week as part of a new campaign. It’s all in partnership […]




By Michelle Crean

“Hello, How Are You?” that’s the question staff at Ballyspillane Community Centre will be asking next week as part of a new campaign.

It’s all in partnership with Mental Health Ireland (MHI) and the centre will host an information/coffee morning on Thursday next (March 30) at 12.30pm at their centre and all are welcome to attend.

The campaign initiated by MHI identifies the need for positive engagement and connections with the people around us.

It asks people to engage in open conversations about mental health and prompts us all to ask the question “How Are You?”

The word HELLO is a useful acronym to guide everyone through such conversations, H: Hello, E: Engage positively with the person, L: Listen actively, L: Learn about the person and O: seek options to assist the person if required.

“We all need a listening and compassionate ear sometimes to get us through some challenges in our lives and I think the pandemic has opened a new way of looking at the world, where we can all recognise the challenges that people experience more readily,” Derek O’Leary, Manager of Ballyspillane Community & Family Resource Centre, said.

“Our team here are in the business of supporting families and individuals across the Killarney area and beyond and see the challenges that people face first hand. We also see the positive impact that a caring person can have in such circumstances and this campaign that encourages positive engagement, regarding mental health is a great reminder to us all, the role we can play is assisting others who are struggling.”

Ballyspillane Community & Family Resource Centre provide a suite of support and intervention services including family supports, social prescribing/community connection services and physiotherapeutic services across the Killarney municipal area and beyond.


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