Billy Kelleher (Cork North Central, Fianna Fail)

Cork Airport is a flagship development resource for the region and anything that would enhance and support the development of the airport as an independent entity is something I would support. I have supported such development for years.

From the outset, I supported the break-up of Aer Rianta, the establishment of independent airport authorities and the assurance of long-term financial viability for the three airports. From the Cork perspective, I do not want any burden placed on Cork Airport that would inherently infringe on its financial viability and integrity for the future. I welcome the investment made in Cork Airport, with a new terminal and the ability for it to cater for up to 5 million passengers.

I have a few questions for the Minister. First, in the event of Cork Airport taking on the €100 million debt to finance the redevelopment, will the airport be financially viable in the future? Second, will there be satisfactory pension provisions for the workers and those currently reliant on pensions? Third, will the geographic integrity of Cork Airport be maintained? We are aware that 40 acres of Cork Airport lands were advertised some time ago for a business park development.

If we could address the issues related to the 40 acres, pension provisions and the viability of the airport so that no inherent burden is placed on the airport that would put it at an economic disadvantage and make it uncompetitive in the market, many people would be satisfied. I hope the Minister can clarify these points.

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