Oireachtas Joint and Select Committees
Wednesday, 20 October 2021
Joint Oireachtas Committee on Transport, Tourism and Sport
Chairperson Designate of the DAA: Discussion
Mr. Basil Geoghegan:
On the other matter, which is really important, the best way to answer, to be honest, is to get the Deputy to come to Dublin Airport and see it. We have a virtual model and we had a scaled model of what we are doing at the airport. It is easier to see it. It is big; it sits in the middle of a table and can be seen. We have to re-examine that, given where we are now and given a fact that I did not mention previously, which is all those losses we had. We financed that because we were able to take cost out, go to the bond markets and raise cash, but it is debt that we now have on our balance sheet and it will not just disappear. We have to cut our cloth a little. The broad plan was, on the south side of the airport, to develop further around Terminal 2 and have a transfer centre in that part of the airport. On the north side of the airport the plan was to deliver another pier further over from the current most northern pier and there is going to be another pier down where the hangars are currently.
No comments