I, as Minister for Transport, Tourism and Sport, hold a 20% shareholding in Aviareto as provided for in the International Interests in Mobile Equipment (Cape Town Convention) Act, 2005. Aviareto is a joint venture between SITA and the Irish Government and was selected by the International Civil Aviation Organisation (ICAO) to set up and run the International Registry of Mobile Assets as required by the Cape Town Treaty.
Section 19 of the Harbours Act 1996 provides for both the Minister for Transport, Tourism and Sport (s19 (1)(b)) and the Minister for Public Expenditure and Reform (s19 (1)(c)) to be shareholders in the six State port companies:
- Dublin Port Company
- Port of Cork Company
- Galway Harbour Company
- New Ross Port Company
- Port of Waterford Company
- Shannon Foynes Port Company
The Minister for Public Expenditure and Reform holds one share and the remainder is held by me as Minister for Transport, Tourism and Sport.
In respect of the Irish Aviation Authority (IAA), Shannon Group Shareholders and DAA Shareholders, I hold one share in each agency. My Department holds two shares in both the IAA and DAA Shareholders and three in Shannon Group Shareholders.
CIE is a statutory corporation. CIE holds 100% of shares in Bus Átha Cliath, Bus Éireann and Iarnród Éireann.