Mr. Matt Staunton:

In response to the last question, I have said in my presentation that in the event of a cyclical downturn, one is at the mercy of a boardroom in London to decide what they will cut. They are more likely to consolidate close to home in Heathrow Airport than they are in Dublin or in any of our other areas.

In regard to the competition aspect, I am not qualified to answer the query completely. There would be less of the competition effect than the Ryanair takeover. Obviously there would be a competition effect on the Heathrow route which the two people compete against already but I am not qualified to answer.

In regard to jobs in Shannon and Cork, we are looking at the loss of 100 jobs in each. The figure is based on the ratios that prevail between the different organisations.