Oireachtas Joint and Select Committees

Thursday, 7 October 2021

Joint Oireachtas Committee on Transport, Tourism and Sport

Shannon Group: Chairperson Designate

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

I have two further questions, if I may. Back in 2011 Booz consultants reported that if Shannon Airport was to become independent, it would require a separate income stream to support it financially. It may be difficult for our guest to answer this question before he takes up his new role, but where does Mr. Ó Céidigh see that income stream coming from? Shannon Airport has never actually had a steady income stream which, in fairness to the current management, makes it very difficult to plan ahead. Decisions by Government are made on a year-to-year basis as opposed to any long-term financial commitment. This is resulting in increased borrowings for the airport which is a key issue.

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