Oireachtas Joint and Select Committees

Thursday, 29 January 2015

Joint Oireachtas Committee on Transport and Communications

Proposed Sale of Aer Lingus: Discussion

2:00 pm

Mr. Patrick Edmond:

It has performed well, but we are not in any way complacent and that is why we look carefully at the risks, not just from a narrow Shannon point of view, but more widely from the point of view of balanced regional development within the country. Therefore, we are very alive to the risks. As Deputy Carey mentioned, in 2007 when Aer Lingus, under its current ownership structure, withdrew the Shannon-Heathrow link, we saw the chilling effect that had on foreign and tourism investment decisions. Fortunately, that was a short-lived phased, but we recognise that we cannot even be complacent within the existing ownership of Aer Lingus.

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