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[Article] Airport Forced to Publish Subsidy Deal

23-12-2006 9:41am

#1

lostexpectation

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By SHAWN POGATCHNIK Associated Press Writer

DUBLIN, Ireland — Ryanair Holdings PLC received 250,000 pounds (euro375,000; US$490,000) a year and a range of taxpayer-subsidized benefits to use an airport in the northwest corner of Ireland, the airport's government owners acknowledged Friday.

The Derry City Council, owners of City of Derry Airport near Northern Ireland's second-largest city, made the acknowledgment after losing two cases during a yearlong legal battle with the British news agency Press Association. The agency sought the information under Britain's Freedom of Information Act.

The document, which was not published on the Derry City Council's Web site but e-mailed to The Associated Press by the council, confirmed that Ryanair _ Europe's fastest-growing and most aggressively marketed airline _ began flying into City of Derry Airport in 1999 only on condition that the council-owned airline foot most of the bill.

Derry City Council, the second-largest council in the British territory of Northern Ireland, said parts of the deal were supposed to run until July 2009 but were withdrawn in December 2005 _ because they violated European Union competition laws on attracting business to regional airports.

...http://www.chron.com/disp/story.mpl/ap/fn/4421275.html

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