Paul Bradford (Fine Gael)

I have never read such a meaningless amendment. Every Senator is in full agreement that the House should record its appreciation of the growth in airport traffic, note how important airports are to the regions and welcome new investment. In 2003, the then Minister for Transport, Deputy Brennan, promised that Shannon and Cork airports would start out as independent airports without debt. We want to ascertain from the Government side, particularly the Fianna Fáil Party Senators and Minister for Transport, the Government's position on the debt-free start for Cork Airport.

The House has two hours to debate the motion and amendment. The question the Minister must answer is whether he intends to fulfil the commitment given by his predecessor. This was central to the legislation and future plans for developing Cork and Shannon airports. Airports play a crucial role in the regions, not only in terms of tourism and passenger traffic but also in generating inward investment. It is vital, therefore, that Cork and Shannon airports continue to grow.

It is universally recognised that Cork and Shannon airports have significantly enhanced their status in recent years. The Fine Gael Party welcomes plans for further expansion and, in particular, the new terminal at Cork Airport, and looks forward to further developments. Politicians, workers and the business and commercial interests of Cork want answers and it is incumbent on the Minister to provide clarification and certainty with regard to the next steps. The previous Minister for Transport gave a solemn promise. While this commitment has not been explicitly withdrawn or contradicted, grave doubts have emerged about whether it will be kept. I hope the Minister will provide clarity and finality on the issue.

If the estimated debt of €160 million is assigned to the new Cork Airport structure, the company will find it impossible to carry the burden, with the result that the airport and region will move into reverse gear. This would be disadvantageous from everyone's perspective. The Minister will be aware, for example, of the importance of Cork and Shannon airports to his Waterford constituency. Certainty is required if these airports are to expand and develop. The commitment given by the previous Minister to ensure the airports would commence independent operation with debt-free status provided such certainty. It is crucial and urgent, therefore, that the Minister not only clarify the position but ensure the Government meets its obligations at an early date.

I noted comments made recently by Mr. McGann, chairman of the Dublin Airport Authority, following the welcome announcement that the authority's profits jumped 57% last year. Referring to the establishment of three independent airports, Mr. McGann stated this would not take place for at least a year, adding that the question of the debt-free status of Cork Airport could make the break-up of the authority even harder to achieve. Someone must take control of this matter. I trust the Government, rather than Mr. McGann and the Dublin Airport Authority, determines policy on airports, airlines and transport in general.

It is in the interests of all concerned that we bring this saga to a conclusion. I appeal to the Minister to ensure the future of Cork and Shannon airports reflects the fashion and formula proposed by the Government in 2003, that is, that the new independent airports will start afresh with debt-free status. That is the crux of the motion and the Minister must provide clarity as to whether Government policy, as enunciated in 2003, has been changed. If it has changed, he must explain how and for what reason. I hope its policy remains intact and the Minister will respond favourably to the motion.

As Senator Ryan and I both indicated, the Government amendment is meaningless. If the Government proposes to fulfil the commitment it gave, the Labour Party motion should be passed.