branie wrote: » Anyone here hopeful that it won't close?
A Consultants report on the future of Shannon Airport has said that separation from the Dublin Airport Authority offers better growth prospects for its future. The report by international consultants Booz, commissioned by Transport Minister Leo Varadkar has said that Shannon faces a significant threat to its future viability under the current ownership arrangement. Shannon Airport has lost 2m passengers since 2007. The airport had debts last year of around €8m and is understood to have a long standing debt of €100m. Minister Leo Varadkar warned business and community leaders in Shannon last month that the status quo was not working for Shannon, and that change was needed. The consultant's report has said that a move to a local concession model to include the local county councils in Clare and Limerick and possibly Shannon Development and other commercial interests would offer the greatest opportunities for developing business. It also recommends that it examine new sources of revenue, including exploiting its 2,000 acre land bank around the airport, more emphasis on cargo including using its US pre clearance facility for cargo. The report also looked at Cork airport, but said that it was performing well under DAA ownership and that it enjoyed a healthier financial position. Minister Varakar has said that Shannon will be the first of the state airports to have certaintly about its future and he will make a recommendation to Cabinet on the best option for the future viability of Shannon by Easter.
dr.fuzzenstein wrote: » nothing is done about the bloody obvious until a report, taking years and costing millions, is compiled. That report is then usually ignored for 10 years and a new one has to be done.
godfrey wrote: » Correct me if I'm wrong here, but SNN has only one small and aging hotel on the campus, right? I'm willing to bet it's broadband and other business facilities are in the dark ages too, ......... As I said, maybe there are facilities I'm unaware of and I'm open to correction.
Shannon Airport to be separated from Dublin Airport Authority under new plans By Independent.ie reporters Wednesday May 09 2012 SHANNON Airport is to be separated from the Dublin Airport Authority, the Government confirmed today. But Cork Airport will remain under Dublin management, according to the plans. It is understood that the Cabinet yesterday gave the green light to the plans following recommendations by consultants.The loss-making airport is saddled with an estimated €100m in debt. Traffic at the airport has halved in the past few years to about 1.6 million people annually. Ryanair has lobbied hard in the past to have the DAA broken up and privatised.
tippman1 wrote: » Govt to separate Shannon Airport from DAA..... Is this a good thing or a bad thing for Shannon and Mid-West?http://www.rte.ie/news/2012/0509/ministers-to-announce-new-plans-for-shannon-region.html
Govt to separate Shannon Airport from DAA Updated: 14:48, Wednesday, 9 May 2012 Minister for Transport Leo Varadkar said it is a significant step in developing the aviation sector in Ireland and securing the future of Shannon Airport. He said: ''It heralds a new era for the Shannon region. I firmly believe that this is the best way forward for both Shannon Airport, Shannon Development and the mid-west region. ''We want to recapture the pioneering spirit of the people who gave us the airport and the Shannon Free Zone concept, so that we can provide exciting and innovative opportunities which benefit business, tourism, and job creation in the region, and across the country.'' Minister for Jobs, Enterprise & Innovation Richard Bruton said the announcement represents a new start for jobs and enterprise in the Shannon region. ''In developing our proposals, we were always focused on delivering the best possible outcomes for enterprise development and job creation in the region. ''By combining, into a new entity, a strong, independent Shannon airport authority with the extensive property holdings, expertise and experience of Shannon Development, we can focus the State's resources on developing a strong aviation industry in the area.''
dr.fuzzenstein wrote: » Whoever runs it, his first duty should be picking up that phone to Michael O'Leary.
Delphi91 wrote: » Now hand it over to Michael O'Leary to run it as a hub!
Palmach wrote: » That is the last person they should phone. Ryanair are like a vampire that will suck the life out of an airport. Try quality instead of quantity.