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

10:15 am

Mr. Neil Pakey:

Its choices of what to do with that aircraft are numerous and we have to put the best pitch forward. When we think about the challenges commercially, we have our published fees and tariffs, and we stick with those. We try to work with them along the terms of the joint marketing plans and things like that to convince them that the market will fall but it is no different from any airport in which I have been involved. Full market investor principles apply. Nothing more is done other than getting commercial. The challenges ahead is a big issue, and we will work with our colleagues from SIPTU on some of those because some of the cost base of our airport is higher than I would wish in terms of trying to match the cost to the market. We have got these challenges ahead but at the moment they are not stopping us growing the business.

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