So back on topic...
A question was put to Minister Noel Dempsy on Waterford in July. The reply stated only contractually agreed projects would continue and all capital projects are subject to a value review now:
"...Under this scheme, Waterford Airport was allocated grants totalling €22.33 million, including €3.63 million in respect of a runway extension and widening project to facilitate the airport’s business development plans. Because of the current difficulties with the public finances, it has been decided that until the end of 2009, expenditure under the scheme at all of the airports should be focused on projects and project elements where the individual airports had already entered into contractual commitments by 23 July 2008. Decisions on expenditure in subsequent years must await the outcome of the Value for Money review of exchequer expenditure on regional airports being undertaken within my Department, which is due for completion in the autumn."