Kevin O'Keeffe (Cork East, Fianna Fail) | Oireachtas source

I have one or two comments and a question. We have to acknowledge that the IAA is a profitable organisation and it turned out to be a bit of a cash cow for the Minister for Transport, Tourism and Sport lately, when he started to use its dividends to fund the Irish hockey team, which has to be welcomed. Perhaps it will make him more aware it exists seeing he does not know how to appoint the board members.

With regard to the separation of the IAA, it will lose the aviation regulatory body. Have the two bodies come to an agreement as to how that will be funded? Although it is early days, Mr. McGrail might give us some idea.