There is ample space in the new terminal at Cork. It cannot afford to have two terminals as Aerlingus. Aer Arann and the 6 low cost airlines would opt for the low cost terminal leaving just Malev and Charter operators using the new terminal.
CAA plan to knock the old terminal as part of its business plan. Talk in the media this morning that archiac SNN-LHR was not just about load factors and yield but that the legendary work practices at SNN also played a part in the decision as they added hugely to cost of operating the service.