Harbo has a new book out
From Spare Room To Board Room
http://www.amazon.co.uk/gp/aw/d/0241970164/ref=redir_mdp_mobile?ref_=cm_sw_r_tw_asp_olzFH.0W70NV6
This time next year RoddersâŚ
Some good news but will still necessitate an overnighter. 1.20pm red eye will be a killer.
[SIZE=6]Now boarding: Lux-Dublin flight connects fund hubs[/SIZE]
0 [U]Comments [/U][/URL] http://www.thefreekick.com/board/cid:image001.png@01CF607B.F3E10CD0 [URL=âhttp://www.igniteseurope.com/c/871464/82704/boarding_dublin_flight_connects_fund_hubs?referrer_module=emailMostPopular&module_order=2&code=WjJWeWNua3VhMlZzYkhsQWNtSmpMbU52YlN3Z01qQXhNREU0Tml3Z01USXhORGt6TlRreU5RPT0=#commentsâ][U]Post Comment[/U]
By [U]David Ricketts[/U] 23 April 2014
A direct flight between Luxembourg and Dublin has been temporarily reinstated following calls from the funds industry, ending a travel ânightmareâ for professionals working in both jurisdictions.
Luxair has commenced direct flights between Europeâs two largest fund hubs, following a hiatus of over two years where direct travel between the two jurisdictions was not possible.
Luxair previously operated a direct flight between Dublin and Luxembourg but brought the service to a stop in October 2011.
However, the airline has now begun operating a daily two-hour flight between the fund hubs on Mondays, Wednesdays, Fridays and Sundays until October.
It is anticipated that strong demand could see the service extended all year.
Dublin-based Sean Tuffy, head of regulatory intelligence at Brown Brothers Harriman, says having the option to fly directly between Luxembourg and Dublin is a âvery welcome developmentâ for fund industry professionals.
Audit firms, lawyers, fund administrators and banks that have offices in both jurisdictions are most likely to appreciate the move, he says.
âAs the two leading cross-border fund centres, it is only natural that there would be direct transportation links,â says Mr Tuffy.
Mr Tuffy adds that without a direct flight, travel between the two fund centres âwas a nightmareâ and was both time consuming and expensive.
Door to door, the trip could take five to six hours, he adds.
âAs a result, I think many from Dublin and Luxembourg either started having meetings in London instead or simply deferred travelling between the two jurisdictions,â says Mr Tuffy.
Ken Owens, a partner at PwC in Dublin and former chairman of the Irish Funds Industry Association, says the trade body wrote a letter to the airline in 2011, when the route was discontinued, to explain the importance of a direct flight.
Mr Owens says the new flights should be âpositive for both jurisdictionsâ.
Dee Ruddy, a director at KPMG in Luxembourg, adds that there was a petition some time ago by the Irish community in the Grand Duchy to have the direct flight reinstated.
âSome of the larger service providers have senior people with responsibility for products or clients in both jurisdictions,â says Mr Owens.
âIf they have to spend half their week in both, it is sensible [that] there is a time-efficient way for them to get there.â
Despite the new flights, the timetable is not ideal from a business point of view, says Ms Ruddy.
She believes that more often than not an overnight stay will be âalways necessaryâ when travelling between the two jurisdictions, based on the Luxair departure times.
The flight from Luxembourg during weekdays departs at 11:35am, while the return from Dublin departs at 1:20pm.
âItâs better than no flight, but a 7am departure from Luxembourg and a late evening return flight would suit business needs even better,â she says.
People outside the funds industry had also lobbied for the return of the route.
A Facebook group called âSave the Luxair Lux-Dub routeâ was established to put pressure on the airline to reinstate the flight.
The group is now calling on those who use the route to spread the word among colleagues, as continuation of the flight beyond October âis dependent on a high number of users during the next six monthsâ.
Luxair did not respond to requests for comment at the time of going to press.
Back from 2 days in Central London. Got loads done
Any recommendations for a âbusinessâ bag - to carry a laptop and some papers maybe. Needs to look respectable in a meeting.
Need to replace the one I have.
Worth spending a few quid on one on basis of a low cost per use and buy a good one so you keep it?
[QUOTE=âTheUlteriorMotive, post: 941202, member: 2272â]Any recommendations for a âbusinessâ bag - to carry a laptop and some papers maybe. Needs to look respectable in a meeting.
Need to replace the one I have.
Worth spending a few quid on one on basis of a low cost per use and buy a good one so you keep it?[/QUOTE]
Check out âMade by Grandadâ on Etsy, maybe you might like something there
British Airways will be launching a London City (LCY) to Dublin (DUB) route from October. Theyâll be operating 5-return flights per day. This could prove useful for international business travellers and will likely provide at least one additional red eye option.
While tentatively good news, I hope this wonât mean a race to the bottom with Cityjet. I refuse to business travel with screaming kids or have to fish for change for a cheese and onion sandwich and OJ.
Any idea what planes they will use? A colleague of mine who has a semi-fear of flying likens the steep descent of the Cityjet fleet into LCY to an urgent next morning shite after a feed of Guinness.
[QUOTE=âSpidey, post: 971823, member: 289â]While tentatively good news, I hope this wonât mean a race to the bottom with Cityjet. I refuse to business travel with screaming kids or have to fish for change for a cheese and onion sandwich and OJ.
Any idea what planes they will use? A colleague of mine who has a semi-fear of flying likens the steep descent of the Cityjet fleet into LCY to an urgent next morning shite after a feed of Guinness.[/QUOTE]
Completely agree. A colleague remarked that this could be great news - push prices down and become useful for personal travel. Thatâs the last thing we want, I said. The general public disgust me.
Arenât flybe or another British airline also launching a City-Dub route from October? Was announced a few months back I think.
Yes, itâs one of those type of airlines alright. LCY always seems to be close to full capacity so Iâm not entirely sure how these additional airline slots are becoming available.
This is straying into general aviation so I feel qualified to comment.
There is a major terminal development planned. I believe they are already adding new departure gates but there is a plan to double the terminal capacity over the next few years. Itâs the terminal that is the major hindrance to increased traffic at the moment. The single runway remains sufficient.
[QUOTE=âRocko, post: 971885, member: 1â]This is straying into general aviation so I feel qualified to comment.
There is a major terminal development planned. I believe they are already adding new departure gates but there is a plan to double the terminal capacity over the next few years. Itâs the terminal that is the major hindrance to increased traffic at the moment. The single runway remains sufficient.[/QUOTE]
Very informative, @Rocko. Appropriate rating awarded to you as a result.
[QUOTE=âRocko, post: 971885, member: 1â]This is straying into general aviation so I feel qualified to comment.
There is a major terminal development planned. I believe they are already adding new departure gates but there is a plan to double the terminal capacity over the next few years. Itâs the terminal that is the major hindrance to increased traffic at the moment. The single runway remains sufficient.[/QUOTE]
Despite the risk of increased scobe traffic, if it resolves the current ridiculous practice of going through security for connecting flights, I am all for this.
[QUOTE=âSpidey, post: 971823, member: 289â]While tentatively good news, I hope this wonât mean a race to the bottom with Cityjet. I refuse to business travel with screaming kids or have to fish for change for a cheese and onion sandwich and OJ.
Any idea what planes they will use? A colleague of mine who has a semi-fear of flying likens the steep descent of the Cityjet fleet into LCY to an urgent next morning shite after a feed of Guinness.[/QUOTE]
the queue of planes landing in City early in the morning makes you respect the work air traffic controllers do
stressful
A hassle free trip to LCY this morning and into central London - so easy.
Anyway @mickee321, whats the craic in Tel Aviv at the moment? I might have to head there for a few days in August. Should I avoid it at all costs or will things have died down by then would you think?
[QUOTE=âMac, post: 979733, member: 109â]A hassle free trip to LCY this morning and into central London - so easy.
Anyway @mickee321, whats the craic in Tel Aviv at the moment? I might have to head there for a few days in August. Should I avoid it at all costs or will things have died down by then would you think?[/QUOTE]
should be ok by then @Mac , ill keep u posted
Red eye to London tomorrow. A very early morning red eye on this occasion. Could be a contentious meeting but Iâll keep you all updated as ever.
Do you have a strategy when it comes to such meetings, pal?
He plays a sweeper to sit in front of him
Never commit to anything there and then. Step back and confirm by e-mail in a couple of days following Legal sign off.