Written answers

Thursday, 28 February 2008

Department of Finance

Airport Development Projects

5:00 pm

Photo of Pat BreenPat Breen (Clare, Fine Gael)
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Question 71: To ask the Tánaiste and Minister for Finance if consultants have been retained by his Department to stress test the robustness of the business plans submitted by Dublin Airport Authority for Dublin, Cork and Shannon Airports; if not, if he has plans to have these business plans independently assessed; and if he will make a statement on the matter. [8541/08]

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)
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The State Airports Act, 2004 which provides for the establishment of three independent State airports at Dublin, Cork and Shannon requires the Ministers for Transport and Finance to satisfy themselves of the operational and financial readiness of the three companies, including business planning.

I understand that the Minister for Transport has his Department examining the business plans for the three Airports that have now been submitted to him and that he will be consulting me in due course when he has this assessment progressed. I have no consultants retained in this regard at present. External advice to assist us in our consideration of these business plans will be engaged if we consider that would be useful and appropriate.

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