Oireachtas Joint and Select Committees

Tuesday, 17 February 2015

Joint Oireachtas Committee on Transport and Communications

Proposed Sale of Aer Lingus: (Resumed) Aer Lingus and Stobart Air

5:00 pm

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

I was listening to Mr. Kavanagh on the Knock episode and I do not think he is over enthusiastic about growing a big service in Knock. He basically wants to be guaranteed something but sometimes we have got to take a risk. One speculates to accumulate.

I heard Mr. Brogan say when addressing the members that he was for this merger but the reality is that he is on a contract that has seven years remaining.

Stobart Air has a contract with Aer Lingus that has seven years left to run. I understood Mr. Walsh to say IAG has a regional set-up too. Mr. Brogan mentioned 400 or 450 jobs. What guarantee does Stobart have that he will not turn around in seven years’ time and say he has his own regional service and does not need Stobart?

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