Dáil debates

Wednesday, 1 April 2009

3:00 pm

Photo of James ReillyJames Reilly (Dublin North, Fine Gael)

I thank my colleagues for allowing me to contribute on this matter of importance to Dublin North and the whole of the region. A rebate of €15 million is due to the company. It was due some €20 million from the Dublin Airport Authority, DAA, for the return of the hangar and the lease on same. The Tánaiste should correct me if my figures are wrong, but they were given to me by a trade union official not one hour ago.

IDA Ireland may be requested to provide €25 million for the most interested party that wants to retain SR Technics as a going concern. If the company goes to the wall in the first year, it will cost the taxpayer €50 million. We can exercise a certain amount of muscle with the company. Did someone say something?

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