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Old 9th May 2012, 17:42
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CONAIR11
 
Join Date: Nov 2011
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The SNN debt has not been written off to the taxpayer. The DAA are picking it up along with 700 million more debt they already have. Leo Varadkar has just confirmed my suspicion in that the sale of Shannon was not considered as they believe Shannon to be one of the countrys strategic assetts and even though operation has moved to SFADCO the airport is still in state ownership. I believe this decision, despite MOL's oprinion, to be the best in the long term for SNN as SNN is more than a local airport and we have an obligation to aviation in the western world to keep it open. Space is not a problem around the airport with huge land resources which can now be made available for future spin off avaiation related enterprises. I just hope that they have the good sense to not let Ryanair in again on the same deal as before.
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