Oireachtas Joint and Select Committees
Wednesday, 1 June 2022
Joint Oireachtas Committee on Transport, Tourism and Sport
Delays at Dublin Airport: Discussion
Mr. Dalton Philips:
I may bring Ms Gubbins in on this. There were no material analysts reporting that 2022 would be where it was going to be. There were none of any credibility in Ireland or in Europe. Not one of S&P, Fitch, Airports Council International or the International Air Transport Association saw this. They all saw reaching this level in 2024. We took the best advice we could. The Government was fuelling in €90 million by way of incentives. We acted with the best information we had. Nobody saw this coming. That is why there are restaurants, hotels and bars up and down this country that are not open.
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