Oireachtas Joint and Select Committees

Wednesday, 16 October 2013

Joint Oireachtas Committee on Transport and Communications

Shannon Aviation Services and Miscellaneous Provisions Bill 2013: Discussion

9:55 am

Ms Jane Boushell:

I shall make one small comment as my colleague, Mr. Reidy, has covered virtually everything. As he said, our focus is very much on viability for the future of our members as well as the organisation. We have concerns about the proposed necessary capital expenditure up to 2017 which we understand to be around €37.5 million. It appears that no cushion has been built in for any unexpected capital expenditure. We are also very anxious about the borrowing cap and want it to adequately provide a cushion for any unexpected occurrences. I shall leave it at that. Thank you, Chairman.

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