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Job Creation. (16 Feb 2010)

Mary Coughlan: Ryanair is an international plc and Mr. O'Leary is a seasoned executive. In such circumstances, I have no reason to doubt what he is saying. To progress the discussions, however, a viable business plan must be put forward. This can then be examined by the relevant agencies. As already stated, Government support for a company such as Ryanair will equal that which would be made available to...

Job Creation. (16 Feb 2010)

Mary Coughlan: I appreciate that the Deputy, like every other Member of the House, is representing his constituency. As already stated, we will engage in discussions with Mr. O'Leary on this matter in a matter of minutes. It is important to reiterate that Aer Lingus has a 20 year entitlement to hangar 6. The legalities of that, the leases and licences, have been examined. Deputy Kennedy is correct to...

Job Creation. (16 Feb 2010)

Mary Coughlan: The tenor and tone of this questions and answers have been good. Deputy Burton is incorrect in many of her accusations. Although many jobs were lost at SR Technics we had success with Dublin Aerospace-----

Job Creation. (16 Feb 2010)

Mary Coughlan: There are 200 jobs.

Job Creation. (16 Feb 2010)

Mary Coughlan: A considerable amount of work has been done with Dublin Aerospace and some of Deputy Burton's colleagues were very helpful, as were many of mine.

Job Creation. (16 Feb 2010)

Mary Coughlan: Unlike Deputy Burton, I accept the bona fides of everybody elected to this House. In 2008 I attended a function in Zurich where I met the chief executive of SR Technics and a number of the Dublin management. I met the Dublin management because they advised me of serious concerns about the viability of the company because Aer Lingus sent its heavy maintenance contract to France-----

Job Creation. (16 Feb 2010)

Mary Coughlan: We are not in a position-----

Job Creation. (16 Feb 2010)

Mary Coughlan: In aviation policy we have moved on from when Deputy Burton was teaching economics at college where the State was involved in everything.

Job Creation. (16 Feb 2010)

Mary Coughlan: The taxpayer, a person whom the Deputy has been looking after for so long, will not stand for it either when non-commercial viable decisions are made because of politics-----

Job Creation. (16 Feb 2010)

Mary Coughlan: Following that meeting in Switzerland I met the management-----

Job Creation. (16 Feb 2010)

Mary Coughlan: -----and supported them through my agencies in bringing forward a new proposal for the sustainability of that company.

Job Creation. (16 Feb 2010)

Mary Coughlan: The company was not in a position to accept that.

Job Creation. (16 Feb 2010)

Mary Coughlan: It was as a consequence of that-----

Job Creation. (16 Feb 2010)

Mary Coughlan: -----a decision was made even though we were in the process of further discussions with SR Technics management in Switzerland regarding the viability of the project. However, the company made the decision it made and it was on the basis of the fact that the management proposal was not accepted by the senior executives of SR Technics and the fact that a new chief executive was appointed-----

Job Creation. (16 Feb 2010)

Mary Coughlan: -----as he was probably advised by Deputy Broughan, who took the view that the company would not be viable in Europe and would have to be moved elsewhere. We are not engaging in constructive obstruction; we are dealing with reality. If the Deputy does not want to deal with reality or legal requirements.

Job Creation. (16 Feb 2010)

Mary Coughlan: If she does not want to acknowledge the commercial mandate set down for the DAA, I cannot do much about it.

Job Creation. (16 Feb 2010)

Mary Coughlan: What I can do is put forward proposals, alternatives and support structures that can be offered when the business plan is brought forward during my discussions in ten minutes time with Mr. O'Leary. It has nothing to do with personalities or who is on the front page of the newspapers. It is about the bona fides of a proposal and how it can be supported in light of the disquiet and concern...

Job Creation. (16 Feb 2010)

Mary Coughlan: If things get tight, we will have to mention Knock and Cork in case I am seen to be partisan. If I had a big enough airport in County Donegal, I would speak up for it too. To be fair and sensible, the discussions are with the DAA because the issue arises in Dublin. We are open to offering alternatives to any option.

Job Creation. (16 Feb 2010)

Mary Coughlan: On the issue of Lynxs, I indicated that the project is not mature enough. Issues arise in respect of State aid rules but we are working towards finalisation.

Written Answers — Innovation Fund: Innovation Fund (16 Feb 2010)

Mary Coughlan: Discussions are continuing between officials of my Department, other Government Departments, Enterprise Ireland, the National Treasury Management Agency (NTMA) and the various parties whose cooperation and participation will be required before this Fund becomes operational. The Innovation Fund Ireland concept is a Department of An Taoiseach initiative and Enterprise Ireland and the NTMA have...

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