Clare Daly (Dublin North, Socialist Party)
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399. To ask the Minister for Transport, Tourism and Sport the action he has taken to investigate the collapse of the pilot training college in July 2012, with particular reference to the knowledge of the IAA with regard to financial problems in the college and the steps taken to assist the students complete their training. [54927/13]

Leo Varadkar (Dublin West, Fine Gael)
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The Pilot Training College Waterford (PTC) was a privately owned and operated flight training organisation  that  reneged on its contractual obligations and failed its students. On 28 September 2012 the High Court ordered the liquidation of PTC.  Neither the IAA nor the taxpayer are liable for the failure of this private sector company.   The IAA's responsibility for flight training organisations cover the oversight of the safety, quality and standard of the training being delivered, the conduct of examinations and flight tests to the appropriate EU standard.  In the circumstances that arose, the IAA made every effort to assist students of PTC to complete their training. Any alleged breach of company law is a matter for the Office of the Director of Corporate Enforcement.