Oireachtas Joint and Select Committees

Tuesday, 3 February 2015

Joint Oireachtas Committee on Transport and Communications

Proposed Sale of Aer Lingus: Discussion (Resumed)

11:00 am

Photo of Michael FitzmauriceMichael Fitzmaurice (Roscommon-South Leitrim, Independent) | Oireachtas source

I do not believe in hypothetical guarantees. No more than anybody else in business, as the people from IBEC know, if I buy something, I would not have somebody else down the road running that business for the next five or ten years.

If someone buys a company, he or she buys it and runs it himself or herself.

I read Richard Branson's book over the weekend about what happened in England with BA and so on. In the hospitality sector, we have the greenway in County Mayo. Tourism figures have increased. We are struggling outside Dublin to attract FDI, including in places such as Athlone, Carrick-on-Shannon, Limerick and Cork. We have to put our best foot forward to get people working because that is not happening at the moment. Is there a risk to tourism and everything else we have talked about after work even in the five year slot? Five years in a person's life is a while but in the life of a country it is minuscule.

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