Mr. Stephen Kavanagh:

I will defer to the chairman with regard to the board because I am chief executive-designate and have not been necessarily present at all deliberations. With regard to the Shannon to Heathrow route, let me put on record that the decision to remove service was a function of the level of losses, which were unsustainable. Our position in Aer Lingus is that this unsustainability was reinforced through ill-judged incentives and subsidies that were given to a direct competitor at Shannon, whereby Aer Lingus was in the invidious position of paying full airport services and fees that were being transferred directly across the check-in counters to our direct competitor. That did not work out well for Shannon Airport and we all have moved on in respect of the sustainability of the Shannon to Heathrow operation. Today, that route makes a positive contribution to the Aer Lingus group. We have, with the support of our colleagues in Shannon, restructured the business. We are more efficient. There also is far more transparency in the pricing and incentive regime at Shannon Airport. While it is a little trite to state that times have changed, they have. As I stated earlier, the greatest protection for the air service between Sharon and Heathrow is its profitability. In addition, I believe that IAG has offered some guarantees as to the five-year commitment to maintain those services. For a variety of reasons, I think that is a time limit which is a function of IAG's desire to maintain some commercial control over airport and vendor costs and so on. It simply does not wish to transfer to an airport the security of being able to rely on this forever, thereby removing the commercial dynamic.