O'Leary Would pay €350m to buy a terminal in Dublin.

[clareview]

But do we want fancy buildings, expensive fittings, gold plated taps or do we want to fly as cheaply as possible. Not many bus or railway stations, or even ferry terminals are expected to have the bells and whistles that some think airports should have and which, of course, cost money and the passenger has to pay for

[JSCL]

But bus and train stations don't require me to be there a certain time before departures and have certain security processes to go through before I can travel on them.

Airports are already average experiences. I'm sorry but just because a fare is cheap doesn't mean I'm prepared to be cattle in the FR abattoir.

[EI-BUD]

The debates have raged since way before the 1st sod was turned on the site of T2 at Dublin airport. MOL could have had his own terminal at the airport funded by Ryanair and existing T1 could have been modernised to house all other carriers and alas this new LOCO terminal could have been exclusively Ryanair. Similar to what AirAsia have in KL (bit of a shed that example), and the terminal in Frankfurt. In this way the airport would have a relatively inexpensive journey to modernising T1 and at the same time giving Ryanair a vested interested, i.e. Ryanair somewhat less likely to be doing major scaling back of operations when another row erupts. It's too late for that if FR bought a terminal at DUB it would have to be 1 and there are lots of other carriers who would in effect be FRs customers and would EU rules mind this? Somebody will know better than me...

Baldonnel would have made it all very interesting in terms of FR etc.
I cant see any changes to Terminal ownership at DUB any time soon!

EI-BUD

[NorthernCounties]

But do we want fancy buildings, expensive fittings, gold plated taps or do we want to fly as cheaply as possible. Not many bus or railway stations, or even ferry terminals are expected to have the bells and whistles that some think airports should have and which, of course, cost money and the passenger has to pay for

We don't need gold plating like you'd see in the Emirates, but we need something that makes a good first impression of a country. I think T2 provides this for long haul travels arriving. I remember reading a quote from SAS saying that a well polished cabin crew tells the customer they service their planes well. I think this is transferable on a larger scale. A well designed and professional terminal being your first experience of a country tells you that business is easy in this country.

If MOL owned a terminal on the other hand, adverts would place constantly over the tannoy, there'd be credit card and perfume touts pacing the floors made all the easier by the fact that in the whole of the airport there's only 10 seats which you'd have to pay hourly for. After all, if everyone stands, you can get more people in the terminal. Id dread to think what hygiene procedures are in place.

FYI, don't get me round, I've always enjoyed flying FR and will continue, but I think terminal ownership would be a step to far, albeit a very profitable step to far.

[vkid]

" If the Ryanair inflight interior is anything to go by, I'd sooner use EI in to Dublin to the main terminal than FR to Oleary terminal."

Personally I'd prefer to have the choice.

[racedo]

Dublin doesn't need any investment for many years. Thats why they have the death.

Really ????

So how long is the runway again ?

[racedo]

A well designed and professional terminal being your first experience of a country tells you that business is easy in this country.

Well thats London well and truly then, given LHR.

[racedo]

It's too late for that if FR bought a terminal at DUB it would have to be 1 and there are lots of other carriers who would in effect be FRs customers and would EU rules mind this?

EU rules would be irrelevant provided that carriers weren't being discriminated against.

If it was such a big issue for EU then no doubt they would have investigated the way Air France get whatever slots become free at Paris airports and everbody else gets SFA.

[PPRuNeUser0176]

Really ????

So how long is the runway again ?

The cost of the runway is included in the 1.2billion death. Any work on the runway can't start until 23.5 million passengers is reached.

[eu01]

[off-topic]
As a non-native speaker of English I just wonder... equating debt with death... is it so common thing that already two of you use this association? - seems somewhat dramatic...
[/off-topic]

[racedo]

The cost of the runway is included in the 1.2billion death. Any work on the runway can't start until 23.5 million passengers is reached.

No it is not because were that the case then DAA would be sitting on a huge cash pile awaiting the runway extension and they aren't.

The DEBT of €1.2 Billion is exactly that.

[EI-BUD]

If it was such a big issue for EU then no doubt they would have investigated the way Air France get whatever slots become free at Paris airports and everbody else gets SFA.

I am in agreement on this re France, and there are so few French Airlines since AF has over time taken many over...

AF seem to get away with murder and have intervened at every turn to interupt FR getting any sort of contribution at French airports.

EI-BUD

[Jamie2k9]

As said the runway cost is not included in the 1.2 billion. It should of being.

When the new runway was announced the planned cost was 255 million but in 2009 the runway was then extended so the cost is gone up to 325 million.

[Sober Lark]

€350,000,000. Sounds like a dream figure picked out of the sky and even at that I'm surprised it didn't even prompt a suitable 'plummet' response in media commentary. So what's the math behind the figure?

[EI Premier]

As said the runway cost is not included in the 1.2 billion. It should of being.

When the new runway was announced the planned cost was 255 million but in 2009 the runway was then extended so the cost is gone up to 325 million.

How do you mean it should have been? There is a limit to what any entity can borrow to finance capital investment. Money can't just be borrowed with no guaranteed returns to service the debt.

Whilst the DAA have a long period over which to pay off the debts in question, we will, all else being equal, quite likely see the need for a renegotiation of its' loan covenants in the medium term.

Unless there is a dramatic upturn in the volume of passengers travelling through DUB and associated revenues - something that is HIGHLY unlikely - then the DAA debt levels are correctly classified as disproportionate to their revenue base.

How many years would it take to generate Revenues arising specifically as a result of the runway extension, just to break even on the associated investment Cap Ex costs to lengthen the runway? 20 or more?

I am in agreement on this re France, and there are so few French Airlines since AF has over time taken many over...

AF seem to get away with murder and have intervened at every turn to interupt FR getting any sort of contribution at French airports.

It's France unfortunately. France seems to engage in protectionist policies, providing an edge to its' national companies at every turn. ''En France, Nous soutenons seulement les Franηais'' - or something along those lines.

EI Premier