Mr. Kenny Jacobs:

It could but it might not. If we look at the demand for travel in the past year and where airfares were, demand was high and airfares were even steeper in terms of increase. It really depends on where you are. In 2008, when we had the economic crisis here, demand for travel went down because people had less money to spend but, at the moment, airfares are up and demand is up. It really depends.

I still think we are right to have the infrastructure application up to 40 million passengers and it may even be followed by another one at some point in the future. The world will always travel. I hope the airlines get there faster than ten years with regard to sustainable aviation fuel and I hope that it is not a multiple of ten or five in terms of what it is going to do to their operating costs because that will push up airfares. No matter how high airfares go, people will always travel and they will always pay a certain airfare. The first flight I ever took was from Cork to London and it was £380. What happens if we go back there, for whatever reason? Is it just that ordinary people get to travel less? That is not a good thing or good for connectivity, so I hope it does not happen. I think the world will continue to travel. Irish people will want to travel and people will want to keep coming to Ireland. Airfares will definitely go up a bit with sustainable aviation fuel and I hope the airlines crack it faster in terms of getting the volumes they need.