Interesting article in todays Independent. It seems Galway Airport objected to the RE rescue plan (death wish?) Also Aer Arann have broken the hangar lease. Does that mean more aircraft leaving GWY base?
Airport in Aer Arann objection - Irish, Business - Independent.ie
Airport in Aer Arann objection
GALWAY Airport, which counts Aer Arann as virtually its sole flight operator, objected at a creditors' meeting last month to a scheme of arrangement put forward by the airline's examiner, Michael McAteer of Grant Thornton.
The airport was owed €518,000 by Aer Arann for the provision of operational services and was also in line to be paid roughly €1.7m by Aer Arann under a 20-year lease that the airline had on a hangar...
Galway Airport will receive just under €52,000 of the €518,000 that it is owed. It is believed that Aer Arann has also agreed to pay a six-figure sum to the airport as a lease break fee on the hangar it uses.
Speaking to the Irish Independent yesterday, Galway Airport managing director Joe Walsh refused to say whether the airport's board had objected at the creditors' meeting, but refuted comments made by Aer Arann chairman Padraig O Ceidigh that the airport had "voted to liquidate" the airline.