This report/recommendation being put to the Board of CAA proves the point that the DAA and government are totally of the same idea. That is let Cork pay for the OVER SPENDING caused by the Dublin heads of the Company Formally called Aer Rianta.
The idea behind making Cork pay is to cover the packages given in Shannon around the €50 million and to have the option to say to the SAA here is another €50 million now you are on your own.
Niether Cork or Shannon will be a viaable option if broken away from the DAA ("Aer Rianta") company format. If Cork is split from the DAA then all possible developements are going to be put it on the long finger indefinately.
The talks regading Cork sellling the land to cover some of the debt would totally restrict the future developement as there is very little land around the airport that would be available to buy in the future.
Staff in Cork Airport are totally 100% against the break up as they realise the potential problems if the break up happens.
Some include problems regarding Job security, yes I hear mentions of State Airports act, but what is likely to happen is the Airport will be under so much pressure that Cork Airport will end up being made a privately owned airport, which in turn will lead to jobs being cut and changes to T&Cs of the staff that are left.
Developement of Runway, Taxiways, Our 3million capacity terminal, Cargo area etc will take years upon years as the debt will prevent investment in these areas.
Pensions of Staff will be in serious trouble.
The only real option is to tell the Governement that the break up is not to happen, i.e. refuse the Deal.
Return to the AER RIANTA format regarding the 3 STATE OWNED AIRPORTS.