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Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: I am happy to be corrected.

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: Will they go to a competitor or will the airline, IAG, be able to switch them to a different route through Heathrow?

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: Currently, in terms of connectivity, there are 23 slots used in and out of Ireland through Heathrow. If such an alliance were to take place, what would be the number of slots in terms of Heathrow connectivity through Ireland?

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: The IAG group would therefore not be required by the competition authority to sell those slots.

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: Does Mr. Cullen see any implications, whether positive or negative, of an alliance between IAG and Aer Lingus on the daily transatlantic flights from Shannon to New York and Boston?

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: Does Mr. Cullen see any possibility of IAG diverting traffic from regional airports in the UK to Shannon given the capacity Shannon has on transatlantic routes?

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: I welcome the delegates. The one aspect on which everyone agrees is connectivity. My question is about risk versus reward. What do the delegates believe are the risks if the level of connectivity is reduced, in the context of the Heathrow Airport slots and certainly in the context of the Shannon region - I am a Deputy in Limerick city - in terms of daily flights to Boston and New York in...

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: Transatlantic routes-----

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: If there was a threat to that connectivity in terms of services to Heathrow Airport and on transatlantic routes, what would it mean for Shannon Airport?

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: It has been a great success in recent times.

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: On Monday, Viagogo in Limerick announced 100 new jobs. Heathrow is fundamental. Risk is the key issue.

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: I meant to include that.

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: It is vital.

Joint Oireachtas Committee on Transport and Communications: Proposed Sale of Aer Lingus: Discussion (29 Jan 2015)

Kieran O'Donnell: The indigenous economy is important.

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Kieran O'Donnell: When he referred to "AIB" did he mean Anglo Irish Bank or Allied Irish Bank?

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Kieran O'Donnell: I welcome Professor Kane and I hope he enjoys his stay in Ireland. On page 9 of his presentation he states: With each successive recession, more benefit is extracted by too-big-to-fail institutions. These patterns ought to be observable in the Irish scene as well. I fear that far greater and more-dangerous benefit flows will emerge in the next crisis. Do we need to move towards a...

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Kieran O'Donnell: I am asking whether it is practical.

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Kieran O'Donnell: From what Professor Kane knows of the Irish situation, and he referred earlier to Anglo Irish Bank, which was nationalised on the backs of the Irish taxpayer, in terms of structures, what could have been done to save the Irish taxpayer money and how early should it have been done in terms of knowing when a bank is insolvent?

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Kieran O'Donnell: I accept that.

Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)

Kieran O'Donnell: When Professor Kane refers to a bank that is growing rapidly, what benchmark would he use to define that growth?

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