View this email in your browser THE IRISH TIMES Business Today Monday, 26 January, 2026 Editor's Note Good morning, reader A fine by Italian competition authorities dented profits at airline Ryanair Holdings in the three months to December 31st, figures published this morning show. Revenue at the Irish airline increased 6 per cent to €47.5 million during the quarter from €44.9 million in the same period in 2024, while passenger numbers rose 6 per cent to 47.5 million. Separately, pilot training business Skyborne will take in its first cadets for Ryanair in March under a new deal with the Irish group. Barry O’Halloran has the details. Continue Reading Ciarán Hancock   TOP BUSINESS STORIES Business Italian fine hits Ryanair profits Business Skyborne agrees deal to train Ryanair pilots amid continued growth of air travel Business Aer Lingus Manchester passengers fear disruption Business VRT rules on cars bought abroad are unfair, says buyer who believes they breach EU tax rules Work ‘Saying you’re disappointed in Ireland carries weight. In Albania it doesn’t land the same way’ Emma Jacobs The hard truth about AI at work? It will not tell you MORE BUSINESS STORIES Business Number of homes sold last year was down 8% as prices continue to climb, new report shows Business European shares dip as investors bide time Business Danone recalls infant formula made in Ireland from shelves across Europe Business Hammerson lodges plans for 10 padel courts at Swords Pavilions shopping centre