Results 8,561-8,580 of 10,035 for speaker:Martin Cullen

Air Services. (24 Mar 2005)

Martin Cullen: That is a matter for the airline.

Air Services. (24 Mar 2005)

Martin Cullen: If the Deputy wants me to answer the question rather than interrupting me, I will try to facilitate her.

Air Services. (24 Mar 2005)

Martin Cullen: I started by referring to the immediate replacement of the seven existing planes, which is very substantial in itself. We believe 21 destinations in America are anxious to have Aer Lingus flying in to them. I do not believe any airline, even Aer Lingus, could do that overnight, but it shows the scale and depth of opportunity that is available in the US market. I would like Aer Lingus to...

Air Services. (24 Mar 2005)

Martin Cullen: It is not for me to put figures on it at this stage.

Air Services. (24 Mar 2005)

Martin Cullen: It is public knowledge that every plane costs about €110 million, so it is easy to work out.

Air Services. (24 Mar 2005)

Martin Cullen: The sort of capacity scale, at a very minimum is indicative of €1.1 billion to €1.2 billion.

Air Services. (24 Mar 2005)

Martin Cullen: No, the Deputy should listen to what I am saying.

Air Services. (24 Mar 2005)

Martin Cullen: It does not matter. In terms of the balance sheet and the airline's viability it is a misnomer to suggest that somehow a leasing arrangement in terms of the financial base effect is fundamentally different to purchasing. It is not. My advice is that it is almost the same effect, so the argument is spurious. Airlines will make decisions on a ratio of purchasing to leasing aircraft for...

Air Services. (24 Mar 2005)

Martin Cullen: I am not about to start speculating in the House at this point about the financial situation as regards Aer Lingus. I will not signal to the market this afternoon what I believe the company is worth or not worth.

Air Services. (24 Mar 2005)

Martin Cullen: I do and I have stated in my reply to the Deputy that when a decision is made under the Act, I will set it all out for her. There is nothing vague about what I have said as regards the immediate requirements of the long haul fleet of Aer Lingus, which cannot be funded from within its own resources. It is funding its expansion into Europe at the moment from its own resources, which is putting...

Air Services. (24 Mar 2005)

Martin Cullen: I cannot speculate on the figures the Deputy is speculating on.

Air Services. (24 Mar 2005)

Martin Cullen: Clearly, in any sale or any involvement, the idea is to get the funds for Aer Lingus.

Air Services. (24 Mar 2005)

Martin Cullen: The Deputy misunderstands how the mechanism works.

Air Services. (24 Mar 2005)

Martin Cullen: I will. The Deputy is being disingenuous.

Dublin Port Tunnel. (24 Mar 2005)

Martin Cullen: Following my announcement in October 2004 the operational height of the Dublin Port tunnel will not be changed. The tunnel is being completed as planned and will have an operational height of 4.65 m. It is the view of Dublin City Council and the National Roads Authority that the Dublin Port tunnel will facilitate almost all of the HGV traffic currently using Dublin Port. Provision for those...

Dublin Port Tunnel. (24 Mar 2005)

Martin Cullen: I have made the point on a number of occasions on why I would not reverse the decision on the tunnel, for reasons of finance, delays etc. I have another reason — I simply do not want those enormous trucks here. We looked at the situation in 12 countries including Austria, Denmark, France, Germany, Japan, the Netherlands, Norway, Sweden, Switzerland, the USA, all of which have lower...

Dublin Port Tunnel. (24 Mar 2005)

Martin Cullen: The Government is not in favour of allowing these large trucks on the road. Sinn Féin wants them on the roads in Ireland, unlike most European countries, but I disagree with the Deputy.

Dublin Port Tunnel. (24 Mar 2005)

Martin Cullen: I could not be more clear with the Deputy.

State Airports. (24 Mar 2005)

Martin Cullen: My officials are in contact with the US authorities to explore what adjustments to the Ireland-US arrangements are possible. An informal meeting took place on 7 February when senior US officials were in Dublin for a seminar on aviation regulation organised by the Institute of European Affairs. No conclusions were reached at that meeting. It would not be appropriate to disclose Ireland's...

State Airports. (24 Mar 2005)

Martin Cullen: Why then did the Commission send us a letter on the matter?