Dáil Éireann Debate, Tuesday - 17 February 2004
434 Ms B. Moynihan-Cronin asked the Minister for Transport the plans he has for the Great Southern Hotel group in the context of the proposed break up of Aer Rianta; and if he will make a statement on the matter. [4821/04]
View answerAs part of the ongoing work in relation to the implementation of the Government decision to restructure Aer Rianta, I am giving detailed consideration to the options for giving effect to the establishment of the three new airport authorities, including the optimum mechanisms for allocating the Aer Rianta group assets among the three airports. As the Deputy will be aware, it is envisaged that the debts associated with Cork and Shannon airports will remain with Dublin Airport and this will enable the new airport authorities for Cork and Shannon to commence with a fresh, debt-free start facilitating the development and growth of their business. In this regard, the issue of Aer Rianta's main subsidiaries, including the Great Southern Hotels group, is being carefully examined.
