Oireachtas Joint and Select Committees
Thursday, 26 January 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 35 – Army Pensions
Vote 36 - Department of Defence
Chapter 8 – Disposal of the Government Jet
9:00 am
Bobby Aylward (Carlow-Kilkenny, Fianna Fail)
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There is a person or company who bought that jet. They did not invest to lose money but, rather, to make it. If we had at least got it flying, it could have been sold off with a few more bidders interested. Instead, our hands were tied. The aircraft was stripped down in Savannah, with one bidder coming in for spare parts. We realised €471,000 but could we have made €4 million or €5 million on the jet if it had been repaired?