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Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: When will most of Mr. Walsh's members coming off hedging? When will they come off fixed price?

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: Does Mr. Walsh anticipate that next year they will be into a variable market, an open market in terms of price-----

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: Are they able to do that?

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: Have most of his members hedged for next year as well?

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: Does Mr. Walsh expect there will be a significant increase in the cost for passengers flying next year?

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: Will Mr. Walsh give us an indication of what he believes that minimum increase would be?

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: Mr. Walsh will appreciate that I am a Deputy for Limerick City and Limerick west, including Shannon Airport. I want to pick up on his observation that where there are airports that are dominant, a lack of competition must have good regulation. Ireland is a small island. We are not that unlike Holland in one sense. We are going over to Schiphol tomorrow. It diverts flights to Rotterdam....

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: The question is what if Shannon had a European hub. Mr. Walsh spoke about charges and if there were supports on a route for a period, which is allowed under European Commission rules if the passenger numbers are less than 3 million. He will be aware of that. Will airlines use Shannon as a hub? Hypothetically speaking, let us say we had a link to Frankfurt or Schiphol. Would airlines look...

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: Why does Mr. Walsh dismiss the hub outright?

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: How many of the passengers on a typical flight to, say, Schiphol or Dublin, would be people from Ireland? What percentage would be connecting flights from elsewhere?

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: That means that departing flights could have 70% connecting passengers coming in from other airports.

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: Do you think that cannot happen at Shannon?

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: It is a volume game.

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: Therefore, what model would attract your members to come into Shannon Airport?

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: What would be the attractiveness for your members?

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: Would you ever see an airport such as Shannon Airport, with its excess capacity, being able to fulfil a hub role?

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: However, if we as politicians for our areas, in the context of balanced regional development, see a huge over-concentration in one airport on the eastern seaboard, we will speak about it and be serious about it. Surely, on an island as small as Ireland, a way must be found to rebalance all forms of travel and infrastructure along the western seaboard. Part of that must include aviation.

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: We are looking for him to come in.

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: We are going to Schiphol tomorrow as part of our review. We in the region believe we need European hub connectivity and, obviously, we have a journey to go on in that regard. I can agree to disagree with Mr. Walsh. Shannon and the region have this ambition. If we did not, we would not get to that endpoint.

Joint Oireachtas Committee on Transport, Tourism and Sport: Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh (16 Nov 2022)

Kieran O'Donnell: Shannon could have a direct flight to Amsterdam with KLM. It could have a role where it becomes a major feeder to a hub.

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