Aer Rianta's submission to me last April in regard to the future strategic direction of the company sought the authority to exit from the Great Southern Hotel Group, in a manner determined through a consultative process with the relevant stakeholders. I had a meeting on 20 May last with the regional representative of SIPTU, Mr. Jack Nash, and a delegation of 24 Great Southern Hotel Group staff. I advised them at that meeting that my main consideration would be, of course, to find the right future for the Great Southern Hotels in a way that will also be right for the staff and the Irish tourism industry.
In the meantime, the board of Aer Rianta has retained Arthur Andersen consultants to examine all the options. In relation to employee share ownership schemes in commercial State companies, I have already stated that such schemes will be considered on a case by case basis with the best interests of each company in mind.